The AGCM move could put the U.S. fast-food chain at risk of a fine of as much as 10% of its global turnover if it is found guilty of breaching Italian antitrust rules.
The AGCM move could put the U.S. fast-food chain at risk of a fine of as much as 10% of its global turnover if it is found guilty of breaching Italian antitrust rules. Some of McDonald's clauses in the franchising agreements cited by the complainants could constitute an abuse of economic dependence, it said in its decision to open an investigation, according to the document dated Aug. 4.
With 85% of its outlets operated by franchisees, franchising is an important business model for McDonald's. It has about 615 restaurants in Italy, 85% of which are not company owned.
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