YNAP Faces $5.69 Million Fine for False Advertising of Sales Prices
Italy’s antitrust agency has issued a fine of 5.25 million euros, or $5.69 million, to online fashion retailer YOOX Net-A-Porter (YNAP) for misleading pricing and its returns policy. The regulator stated that the company advertised reductions on products that had a final sale price that was “substantially the same” as the pre-discount price and also …
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