NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Guess?, Inc. (NYSE: GES) concerning possible violations of federal securities laws.
On June 6, 2017, the European Commission ("EC" or the "Commission") announced that it has opened a formal antitrust investigation into the distribution agreements and practices of Guess. The EC announced that "[t]he Commission has information indicating that Guess, in its distribution agreements, may ban cross-border sales to consumers" and stated that it will examine whether Guess illegally restricts retailers from selling cross-border to consumers within the EU Single Market. Among other issues, the Commission will investigate information indicating that Guess's distribution agreements may restrict authorized retailers from selling online to consumers or to retailers in other EU Member States. To obtain additional information, go to:
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