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EU fashion-industry antitrust probe focuses on pricing practices

By Lewis Crofts and Nicholas Hirst ( June 1, 2023, 13:24 GMT | Insight) -- A new EU fashion-industry antitrust probe that targets at least Gucci includes suspicions that prices are being imposed on retailers, MLex has learned. The European Commission carried out dawn raids in April and sent out requests for information. Its scrutiny is understood to include, at least, concerns about pricing restrictions known as "resale price maintenance," which is considered a pricing abuse. A new EU fashion industry antitrust probe that targets at least Gucci includes suspicions that prices are being imposed on retailers, MLex has learned....

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