How to get me to side with the antitrust authorities

But “sustainable fashion” is a contradiction, the DealBook newsletter reports. Being “green” in fashion would mean designers and retailers would produce less — and yet companies that band together to advance such goals may run into trouble with antitrust regulators.

In June, Reuters reported that a series of raids by E.U. antitrust authorities on fashion houses was connected to companies’ discussions of limiting sales for sustainability. The European Commission has not named the companies involved or commented further on the purpose of the raids.

“There are emerging tensions between E.S.G. and antitrust,” said William Kovacic, a former Federal Trade Commission chairman, referring to environmental, social and governance goals.

Here is more from the NYT, via the excellent Kevin Lewis.



Add Comment