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Vertical agreement in the luxury perfume industry

June 2007

Paris Court of Appeal

The Court of Appeal of Paris quashed the decision 06-D-04 of the French Competit ion Council, finding 13 companies operating luxury perfume and cosmetic brands guilty of fixing retail prices with their distributors. Microeconomix advised four LVMH group's companies (Parfums Christian Dior, Guerlain, Kenzo Parfums and Parfums Givenchy).