MILAN (AP) — The European Commission has fined luxury fashion houses Gucci, Chloé and Loewe a total of over 157 million euros (nearly $183 million) for anti-competitive practices restricting independent retailers ability to set prices for their goods. The commission said the companies fixing of resale prices, discovered in a 2023 investigation, breached the bloc s competition rules and harmed consumers. This page...
Tuesday 18 November 2025
wn.com - 1 month ago
European Commission fines Gucci, Chlo u00e9 and Loewe for price fixing
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