4 ms·

Does EU go after their luxury goods antitrust/monopolies?

• kyriakos 3y ago
  Any examples of such monopolies?
  • aurareturn 3y ago
    De beers, LVHM, Luxottica to name a few.
    • mijamo 3y ago
      LVMH is very very far from being a monopoly. Luxottica is under investigation currently just like the tech giants are (and received already fines just like 2 years ago). De Beers was the target of antitrust multiple times, had to cancel a few deals and change some commercial practises because of it. Could have gone further IMO but at the same time the consequences on consumers are limited given how niche a market vs the tech sector.
    • realusername 3y ago
      There's small luxury producers all over Europe, they just aren't as successful internationally as LVMH. And even then it's easier to launch a new luxury bag than a mobile OS...
• deleted 3y ago
  [deleted]
• pjmlp 3y ago
  Yes, airlines and train systems for example.