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 [...]
European Commission fines Gucci, Chloé and Loewe for price fixing

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