European Union

European Union

The European Commission has decided to call off a competition-centric probe into alleged price fixing efforts by fashion brands. This decision comes after a thorough investigation into the potential price fixing activities of these brands. The probe was aimed at ensuring fair competition within the European Union market.

By canceling the investigation, the EU regulator has signaled its commitment to upholding competition laws and protecting consumers from anti-competitive practices. This move highlights the importance of transparency and fair competition in the European Union, and serves as a reminder to businesses operating within the EU to comply with competition regulations.