Opponents have warned that restricting sales will hurt smaller businesses.
European competition law can not stop a luxury retailer that does not want its wares being trafficked via the online retail giant Amazon, the EU's highest court ruled Wednesday.
As quoted in Wednesday's ruling, Coty's contracts make specific reference to "the façade, interior decor, floor coverings, type of walls, ceilings and furniture, sales space and lighting, as well as an overall clean and orderly appearance" of the brick-and-mortar locations maintained by its partners.
Luxury owners have long waged a battle against what they say are free riders cashing in on their exclusivity and branding.
(NKE) Receives Consensus Rating of "Hold" from Analysts
After $0.57 actual EPS reported by NIKE, Inc. for the previous quarter, Wall Street now forecasts -31.58 % negative EPS growth. The rating was maintained by Canaccord Genuity on Thursday, March 23 with "Hold". (NYSE:NKE) rating on Friday, July 21.
The Court of Justice of the EU (ECJ) ruling came in a case involving USA cosmetics maker Coty's German subsidiary and German retailer Parfumerie Akzente, which sells Coty's goods on sites including Amazon against the company's wishes.
Earlier decisions by German regulators have found against big brands such as Adidas and Asics in similar disputes over online sales restrictions.
"Our preliminary view is that such manufacturers have not received carte blanche to impose blanket bans on selling via platforms", he said.
Police officer dies in A4 collision
An on-duty police officer and a 91-year-old woman died following a collision on the A4 Bath Road at Hare Hatch this afternoon. PC Dixon is believed to have taken part in several series of the programme and was filmed with his partner "Yorkie".
Former Dem Staffer: Franken Tried To Kiss Me
At least six women have come forward in recent weeks alleging Franken forcibly kissed them or groped them in the past. Franken, in his statement, said the idea he would claim such conduct as a right as an entertainer was "preposterous".
Home Depot announces $15 billion buyback program
The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink . (NYSE:HD). The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th.
Died, the former king of Romania
Cousin of Queen Elizabeth Mihai was forced to abdicate in 1947, after the post-Soviet Communist coup in Romania and decades he lived in exile in the West.
Trump to meet with Democrats, GOP for budget talks
Republicans want to secure funding for President Donald Trump's promised border wall and increase the defense spending caps. The last time the government shut down was in October 2013, when Congress was embroiled in a debate over funding Obamacare.
TODAY'S FORECAST: Mostly sunny, high near 38
New precipitation amounts between a tenth and quarter of an inch, except higher amounts possible in thunderstorms. Saturday night , the low will be around 26 with mostly clear skies, according to the weather service.