The French Competition Authority fines a retailer for failing to comply with its divestment commitments (Fnac / Darty)

On 27 July 2018 the French Competition Authority (FCA) imposed a EUR 20 million fine on Fnac Darty for failing to comply with its divestment commitments following Fnac’s acquisition of the Darty group. This is the first time the FCA has imposed a fine on a company for failing to comply with a structural commitment. On 27 July 2016, the FCA approved the take-over of the Darty group by Fnac, subject to the divestment of six Fnac and Darty stores in the Paris region by 1 August 2017. During its review of the case, the FCA found

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