PolicyPulse.pro

PolicyPulse.pro identifies the news that matters most to your company and helps you understand the business impact.

Kaufmann Fined for Illegal Information Exchange with Supplier

11.06.2024 | 🇩🇰 Danish competition authority

Kaufmann and two executives fined for unlawfully sharing information with supplier Hugo Boss, who also competes in the same market.


Kaufmann and two executives have been fined for engaging in illegal information exchange with their supplier, Hugo Boss. The exchange of information, including prices, was found to violate competition rules due to Hugo Boss being an active competitor in the same market.

The case highlights the importance for companies to exercise caution when sharing information with suppliers who are also competitors in the market.

The violation took place between January 2014 and November 2017, as part of a larger complex involving Hugo Boss sharing information with retailers Kaufmann and Ginsborg about prices, discounts, and quantities for future sales.

Previous rulings by the Competition Council, the Competition Appeals Board, and the Maritime and Commercial Court have confirmed the illegality of the information exchange.

Consult source

Terms of Service | Refund Policy | Privacy Policy | Coverage

© 2024 PolicyPulse. All rights reserved.

See something you like or don't like? Let us know!