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The European Commission fines Gucci, Chloé and Loewe €157 million for fixing retail prices across Europe, breaching EU competition rules.

The three luxury brands have been fined a total of 157 million euros after cooperating with the competition watchdog.

The European Commission has imposed a fine of 157 million euros on brands Gucci, Chloé, and Loewe for price fixing with their retailers.

In a recent investigation by the European Union authorities, these three luxury brands were found to be violating the ...

The European Commission confirmed cumulative fines of €157 million to three European luxury brands for anticompetitive pricing practices that harmed European consumers. The brands are Italy’s Gucci, ...

The European Commission has imposed a total fine of €157m ($181.52m) on luxury fashion houses Gucci, Chloé and Loewe for engaging in resale price maintenance practices that violated EU competition law ...

The European Commission has fined luxury fashion houses Gucci, Chlo and Loewe over 157 million euros (nearly USD 183 million) for anti-competitive practices restricting independent retailers' ability ...