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The European Commission imposed fines of over 157 million euros on major fashion houses Gucci, Chloé, and Loewe for anti-competitive practices.
Emese Grancsa
International
Credit: Aurelien Morissard / AP / Profimedia
The fine was imposed for violating the competition rules of the block, which harmed consumers. Gucci's owner, Kering, acknowledged the decision related to past business practices, while Loewe and Chloé did not immediately respond to requests for comments. Loewe's fine was halved to 18 million euros for cooperation, and Chloé's fine was reduced by 15% to nearly 20 million euros.
Sources
European Commission fines Gucci, Chloé and Loewe $183 million for price interference
Comisia Europeană a amendat Gucci și alte două branduri de lux cu peste 157 milioane euro pentru practici tarifare anticoncurențiale
Gucci, Loewe et Chloé condamnés à 157 millions d’euros d’amende par le gendarme européen de la concurrence
Comisia Europeană a amendat trei case de modă cu peste 157 de milioane de euro pentru practici anticoncurențiale în stabilirea prețurilor | AUDIO
Companiile de modă Gucci, Chloé și Loewe, amendate de Comisia Europeană cu 157 mil. euro pentru practici anticoncurențiale în materie de prețuri
Gucci, Chloé și Loewe - amendate cu 157 milioane de euro pentru fixarea prețurilor de revânzare
Amendă pentru Gucci, Chloe şi Loewe. De ce le-a sancţionat Comisia Europeană - Economica.net
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