Ferragni companies to pay charity 1.2 million euros to settle antitrust case

ROME (Reuters) – Companies controlled by Italian fashion influencer Chiara Ferragni have agreed to pay at least 1.2 million euros ($1.30 million) to a children’s charity over sales practices that may have misled consumers, Italy’s competition authority (AGCM) said on Friday.

The watchdog said that mention of the I Bambini delle Fate children’s charity on the packaging of Ferragni-branded Easter eggs may have misled buyers into thinking they were supporting the charity.

($1 = 0.9243 euros)

(Reporting by Alvise Armellini; Editing by David Goodman)

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