• Home
  • Tags
  • competitions and markets authority

competitions and markets authority news and archive

Business

CMA probes Net-A-Porter and Yoox merger

The Competitions and Markets Authority (CMA) has launched an inquiry into the merger of luxury online retailer Net-a-Porter with its Italian competitor Yoox. Net-a-Porter’s owner, Richemont, confirmed the 1.3 billion euro merger in March, and stated that the two brands would collectively been known as the Yoox-Net-a-Porter group. The CMA has...

loading...