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Guess Fined Over $45 Million for Inflating Prices in Eastern and Central Europe

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Guess is in hot water over its prices. On Monday, the European Commission released the full details of its decision to fine the brand 40 million euros ($45.49 million) for anti-competitive practices in violation of EU competition rules that prevent restrictions on cross-border sales. In November’s Q3 earnings report, Guess announced that it expected fines

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