CMA Probes ASOS, Boohoo, Asda Over Greenwashing Claims
By Ashish Sareen (July 29, 2022, 3:20 PM BST) -- The Competition and Markets Authority said on Friday that it is probing three leading fast fashion brands over claims that they are exaggerating the green credentials of their products, or "greenwashing."
The antitrust watchdog said it has launched greenwashing investigations into ASOS PLC, Boohoo.com UK Ltd. and Asda Stores Ltd. over their claims about how climate-friendly and sustainable their products are, including clothing, footwear and accessories.
"Should we find these companies are using misleading eco claims, we won't hesitate to take enforcement action — through the courts if necessary," Sarah Cardell, interim chief executive of the CMA, said. "People who want to...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!