European Commission Targets Fashion Companies in Antitrust Investigations

“Unannounced inspections are a preliminary investigative step into suspected anti-competitive practices,” it added. Investigators are looking for evidence of collusion and operating as a “secret cartel” among associated companies.

The 2021 raid targeted French fashion house Pierre Cardin and its licensing and distribution deal with German clothing maker Ahlers. Six months later the commission opened a formal It has been increasingly active in pursuing suspected anti-competitive practices. The price fixing practices fall under the anti-trust regulations that prohibit agreements between companies that distort competition within the single market trading bloc. In recent years, it has stepped up its efforts to enforce rules against curbs on cross-border imports and online sales.linked to the supply of fragrance or fragrance ingredients.

The European Commission is doing everything, but it cannot stop pickpocketing and the stench in the streets of big cities.

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Fuente: NBCNews - 🏆 10. / 86 Leer más »