Fnac Darty widens its net loss in the first half

by time news

2023-07-27 18:12:25

The company has been notified of a “complaint” from the Competition Authority which notably accuses “a certain number of suppliers of having taken part in a vertical agreement with some of their distributors”.

The Fnac Darty group widened its net loss in the first half of 2023, to 134 million euros, due in particular to a provision of 85 million euros for a transaction with the Autorité de la concurrence on facts dating back to 2014, according to a statement Thursday.

The company was notified of a “griefof the Competition Authority, which criticizes in particular “a number of suppliers to have entered into a vertical agreement with some of their distributors“, according to the group. “only one» grief vise «Darty and extends over a limited period ending in December 2014», before the acquisition of the company by Fnac.

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