AGCM fines Balocco and Chiara Ferragni's corporations for unfair commercial practices

The Italian Antitrust Authority fined the companies Fenice S.r.l. and TBS Crew S.r.l., which manage the trademarks and rights relating to the personality and personal identity of Chiara Ferragni, and Balocco S.p.A., for the combined violation of their duty of professional diligence and unfair commercial practice, characterised by elements of deceptiveness.