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Pierre Cardin, Ahlers fined EUR5.7 million for cross-border restrictions

By Natalie McNelis ( November 28, 2024, 10:56 GMT | Insight) -- Fashion house Pierre Cardin and its largest licensee Ahlers Group have been fined 5.7 million euros by the EU antitrust department, over illegal restrictions on cross-border sales of branded clothing. Competition chief Margrethe Vestager said the companies' behavior illegally prevented consumers from shopping around for a better deal and from benefiting from greater choice.Fashion house Pierre Cardin and its largest licensee have been fined a total of 5.7 million euros ($6 million) by the EU antitrust department, over illegal restrictions of cross-border sales of clothing....

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