The Italian offices of the Gucci fashion house were raided by European antitrust authorities this week, part of a probe the company said was focused on potential anticompetitive behavior in the fashion sector
European antitrust authorities raided the Italian offices of the Gucci fashion house this week, part of a probe the company said was focused on potential anticompetitive behavior in the fashion sector.
Gucci owner Kering SA disclosed the search late Wednesday after the European Commission said earlier in the week that it had conducted unannounced inspections at several fashion companies. The commission said it was probing whether the companies had violated rules that “prohibit cartels and restrictive business practices.”
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