On 9 September 2014 the Italian Antitrust Authority (Autorità Garante della Concorrenza del Mercato; hereinafter, “Authority”) issued a decision (Decision No. 25087 of 9 September 2014, Official Bulletin No. 37 of 24 September 2014) against the company Named S.p.A. by reason of unfair (misleading) commercial practices pursuant to the Italian Consumer Code (which transposed Directive 2005/29/EC of the European Parliament and of the Council of 11 May 2005 concerning unfair business-to-consumer commercial practices in the internal market and, in particular, pursuant to art. 20, paras. 2, 21, para. 1, letter b), 22 and 23 letter s) of the Italian Consumer Code).