{"id":195556,"date":"2025-10-14T16:34:47","date_gmt":"2025-10-14T12:34:47","guid":{"rendered":"https:\/\/abcmedia.am\/?p=195556"},"modified":"2025-10-14T16:52:43","modified_gmt":"2025-10-14T12:52:43","slug":"european-commission-fines-gucci-chloe-and-loewe-e157-million-for-setting-resale-prices","status":"publish","type":"post","link":"https:\/\/abcmedia.am\/en\/news\/195556\/","title":{"rendered":"European Commission fines Gucci, Chlo\u00e9, and Loewe \u20ac157 million for setting resale prices"},"content":{"rendered":"\n

The European Commission has fined<\/a> luxury fashion houses Gucci, Chloé, and Loewe a total of €157 million ($181.5 million) for fixing resale prices in violation of EU competition rules.<\/p>\n

According to the Commission, this anti-competitive practice led to higher prices and limited consumer choice.<\/p>\n

The three brands were found to have interfered in the commercial policies of their retailers by imposing restrictions on them.<\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

The European Commission has fined luxury fashion houses Gucci, Chloé, and Loewe a total of €157 million ($181.5 million) for fixing resale prices in violation of EU competition rules. According to the Commission, this anti-competitive practice led to higher prices and limited consumer choice. The three brands were found to have interfered in the commercial […]<\/p>\n","protected":false},"author":7,"featured_media":195548,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[2,43,98],"tags":[],"class_list":["post-195556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-world","category-other-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/195556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/comments?post=195556"}],"version-history":[{"count":1,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/195556\/revisions"}],"predecessor-version":[{"id":195561,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/posts\/195556\/revisions\/195561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media\/195548"}],"wp:attachment":[{"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/media?parent=195556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/categories?post=195556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abcmedia.am\/en\/wp-json\/wp\/v2\/tags?post=195556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}