antitrust news and archive

EU antitrust probing fashion's pricing policies

EU antitrust regulators are investigating the pricing practices of luxury fashion firms, according to Reuters, which cited sources familiar with the matter. In April, the European Commission conducted unannounced inspections at the premises of companies in the fashion industry across several Member States. The focus of the investigation is on...

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Big tech investor tells fashion industry not to trust Amazon

The pandemic ups and downs of Amazon have been well-documented. There were accusations of the ill-treatment of workers in its fulfillment centers. According to a report by the Wall Street Journal, the retailer has gathered data from sales of third party vendors to create competing products, despite its representatives having long denied engaging...