European Commission fines Gucci, Chloé and Loewe for price fixing
By COLLEEN BARRY 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, […]