By  on December 17, 2018

The European Commission fined Guess 39.8 million euros on Monday, an amount equivalent to more than $45 million for violating European Union competition laws.

“Guess’ distribution agreements tried to prevent EU consumers from shopping in other member states by blocking retailers from advertising and selling cross-border,” Commissioner Margrethe Vestager, who is in charge of competition policy, said in a statement.

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