The Loste group fined €900,000 for obstructing the Autorité’s dawn raids

The Autorité de la concurrence (hereafter the “Autorité”) has fined the Loste group for obstructing the dawn raids conducted on 16 and 17 November 2023.

During the preliminary phase of the dawn raids, the head of the Loste group and its Legal Director provided inaccurate or incomplete information to the Autorité’s case officers (rapporteurs), thus hindering the raids.

The fine, which amounts to €900,000, is imposed jointly and severally on Loste and CA Conseils et Services (hereafter the “Loste group”), as perpetrators, and on their parent company, CA Animation.