EU Fines Famous Fashion Brands Around 157 Million Dollars For Anti-Competitive Practices

By syzejna

The European Commission announced on Tuesday that it fined luxury fashion brands Gucci, Chloe, and Loewe more than 157 million euros (182 million dollars) for violating competition rules by agreeing on price fixing. The European Commission stated that its investigation revealed that the three companies “restricted the ability of independent third parties they cooperate with […]

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Source:: https://sarajevotimes.com/eu-fines-famous-fashion-brands-around-157-million-dollars-for-anti-competitive-practices/