The French antitrust watchdog is keeping a tight lid on these raids and havent disclosed the names of the firms it has raided. More information on these raids will be provided as and when more light is shed on them.
French anti-trust watchdog have carried out surprise checks in the country’s wines and spirits sector suspecting potential anti-competitive practices.
Having carried out the raids, they have seized materials, said the watchdog while adding, it would not disclose the names of those targeted or the specific rules that may have been violated.
In a statement, Pernod Ricard disclosed they were not targeted; Marie Brizard declined to comment.
LVMH and Remy Cointreau could not be immediately reached for comment.
In a statement, the watchdog said, these raids do not imply that the companies were guilty of breach of any rules.