European Union officials searched Amer Sports (AS) and Tecnica Group locations over concerns of possible anticompetitive behavior among ski equipment makers, the companies confirmed. Amer Sports said on Tuesday that its Austrian ski brand Atomic is subject to an investigation, adding that the company is fully cooperating with the authorities, reported Dow Jones’ Edith Hancock.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AS:
- EU raids ski equipment makers over cartel suspicions, Bloomberg reports
- Amer Sports Inc put buyer realizes 41% same-day gains
- EA downgraded, AppLovin initiated: Wall Street’s top analyst calls
- Unusually active option classes on open September 29th
- Amer Sports upgraded to Overweight from Equal Weight at Wells Fargo
