Hello Kittys company was fined 6.2 million in the European Union: impeding competition

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 Hello Kittys company was fined 6.2 million in the European Union: impeding competition


Margaret Vestag of the European Antitrust Commission said Sanrior was fined 6.2 million euros because it violated EU competition rules.

The Commission found that the illegal behavior of Sanrio lasted for 11 years.

Weistag said restrictions on cross-border sales lead to fewer choices for consumers and possibly higher prices, in violation of EU anti-monopoly rules.

Source: Xiao Qi_NN6799, responsible editor of Beiqing.com