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Luxury Brands Lifted By EU Court Backing For Online Sales Ban
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6 Dec 2017 12:12 PM EST

On Wednesday, Coty and other luxury brands scored a major victory in their bid to stop retailers selling their products on online platforms, such as Amazon and Ebay. The issue is significant in Europe, whose companies account for 70 percent of global luxury goods sales. Online platforms such as Amazon and eBay, in turn, say online sales curbs are anti-competitive and hurt small businesses. The Court of Justice of EU said backed companies' right to "preserve the luxury image of the goods.”

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