Business
CMA probes Net-A-Porter and Yoox merger
The Competitions and Markets Authority (CMA) has launched an inquiry into the merger of luxury online retailer Net-a-Porter with its Italian competitor Yoox. Net-a-Porter’s owner, Richemont, confirmed the 1.3 billion euro merger in March, and stated that the two brands would collectively been known as the Yoox-Net-a-Porter group. The CMA has...
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