US clothing company fined for blocking cross-border sales
Monday, 17 December 2018
EU antitrust regulators fined US clothing company Guess $45.3 million on Monday for illegally blocking cross-border sales in Europe, as one of several companies targeted since a wide-ranging inquiry into e-commerce sales.
The investigation into Guess kicked off in June 2017, reports Reuters.
The European Commission said the retailer cooperated by providing key evidence and received a 50 percent cut in the fine.