Model Gigi Hadid wears a creation as part of Miu Miu's Fall-winter 2016-2017 ready to wear collection presented in Paris, France, Wednesday, March 9, 2016. (AP Photo/Francois Mori)
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Some of the world's top modelling agencies were hit Thursday with a 2.4-million euro fine ($2.7-million) for price fixing by French competition authorities.The swingeing fines, coming in the middle of Paris fashion week, hit almost every agency involved in the French market.At the end of the period the watchdog investigated, the worldwide turnover of the agencies involved was some 150 millions euros, the almost 100-page report concluded.The model had to be paid at least 64 percent of the price paid to the agency by the client, it said.
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