Get Our FREE Newsletter

Sign Up

French antitrust body fines eyewear makers for imposing selling prices

Spread the love

The Autorite de la concurrence said in a statement it has fined EssilorLuxottica 125.17 million euros, LVMH 500,000 euros and Chanel 130,000 euros.

“These anti-competitive practices are serious”, the antitrust body said in its ruling over imposing selling prices.

“In particular, they involved the implementation of surveillance and retaliation mechanisms,” it said.

This post was originally published on this site