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Fnac Darty Hit With Record €3.9 Million Fine for Late Supplier Payments

Arguing that pandemic-era disruptions were not fully considered, Fnac Darty plans to challenge the sanction in court just as Paris moves to tie fines to turnover

Fnac Darty s'est vu infliger 3,9 millions d'euros d'amende en début de semaine par la répression des fraudes en raison de "retards dans le paiement des factures de ses fournisseurs", une décision qu'il compte contester
Le groupe Fnac Darty devra s’acquitter d’une amende de 3,9 millions d’euros pour des retards dans le paiement des factures de ses fournisseurs.
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Overview

  • The DGCCRF imposed a €3.9 million penalty split equally between ETS Darty & fils and Fnac Darty participations et services for delayed invoice payments during the Covid-19 period.
  • Fnac Darty has announced it will contest the fine before administrative courts, alleging that exceptional pandemic-era disruptions were insufficiently weighed in the decision.
  • Under current rules, late intercompany payments carry fines capped at €2 million per entity, making this sanction the largest to date.
  • Prime Minister François Bayrou proposed in mid-July to toughen penalties by allowing fines of up to 1 percent of a company’s turnover to deter late payments.
  • Banque de France data show that in 2024 French firms averaged 13.6 days of payment delays—above the European average—and that SMEs lost an estimated €15 billion in cash flow due to late settlements.