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EU court says luxury brands can keep products off Amazon

Published 12/06/2017, 07:30 AM
© Reuters.  EU court says luxury brands can keep products off Amazon
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  • The European Court of Justice rules luxury brands can prevent retailers from selling the brands’ products on e-commerce sites like Amazon (NASDAQ:AMZN) and eBay (NASDAQ:EBAY).
  • The Court says luxury brands have the right to preserve the luxury image and can put certain conditions in retailer contracts as long as the brand doesn’t discriminate among retailers.
  • Amazon shares are down 0.33% premarket.
  • Previously: YouTube exiting Echo Show, Fire TV (Dec. 5)
  • Previously: Amazon cancels drug wholesaler license application in Maine (Dec. 5)
  • Now read: Amazon Versus The World


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