French Regulator Fines Ray Ban’s Parent Company $125M

France’s antitrust body, Autorite de la Concurrence, has fined several luxury eyewear brands, including LVMH and Chanel, for imposing price limitations on opticians and stopping them from selling products online.

The regulator said Thursday that EssilorLuxottica, the parent company of brands such as Crizal, Oakley and Ray-Ban, must pay a fine of $147.60 million, and LVMH