Italy's regulatory authority penalizes wine retailer Tannico for deceptive pricing practices.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 17 2025
0mins
Source: Reuters
Fine Imposed: Italy's competition authority fined online wine retailer Tannico 150,000 euros for unfair commercial practices related to misleading discount advertisements.
Ownership Change: Tannico was previously owned by a joint venture between Campari Group and LVMH until its sale to Castel-Vins in October.
Misleading Discounts: The company advertised products as "on offer" at prices equal to or higher than their previous retail prices, violating transparency rules.
Compliance Update: Tannico has since updated its website and app in mid-July and is no longer in breach of the regulations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
