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EU fined Pierre Cardin and Ahlers for antitrust violations

28 November 2024
in Europe
0
EU fined Pierre Cardin and Ahlers for antitrust violations
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The EU Commission fined Pierre Cardin and Ahlers a total of €5.7 million for breaching EU antitrust rules by limiting cross-border sales of Pierre Cardin-branded clothing. Pierre Cardin and Ahlers engaged in anticompetitive arrangements to protect Ahlers from competition in EEA countries where the group held a Pierre Cardin license, violating TFEU and preventing retailers from freely sourcing products and partitioning the internal market.

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Tags: AhlersantitrustCardinfinedPierreviolations
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