22.4 C
Brunei
Thursday, February 9, 2023
22.4 C
Brunei
Thursday, February 9, 2023
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    Italian watchdog fines online retailer over EUR5M

    CNA – Italy’s antitrust agency fined online fashion retailer YOOX Net-A-Porter (YNAP) EUR5.25 million (USD5.69 million) over misleading pricing and its returns policy, the regulator said yesterday.

    The retailer advertised reductions on products on which the final sale price was “substantially the same” as the pre-discount price and blocked orders from customers who had previously returned more than a certain amount of purchases, the regulator said in a statement.

    YNAP did not immediately respond to an emailed request for comment.

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