Home Business Luxottica: 125 million fine by the Antitrust for prices imposed in France

Luxottica: 125 million fine by the Antitrust for prices imposed in France

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The French Competition Authority imposed a fine of over 125 million euros on Luxottica, the world’s leading eyewear supplier, for having “imposed” in France “retail prices for opticians and for banning them from selling on the internet” . This is what was announced today by the same authority in Paris. Two other groups, the luxury giant LVMH and Chanel, were fined respectively 500,000 euros and 130,000 euros. The first for the same reason as Luxottica, the second for the sole prohibition of online sales, is specified in a note.

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