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Scandal-hit French tycoon Bernard Tapie dies aged 78

French business magnate and former politician Bernard Tapie, whose larger-than-life career was marked by a series of legal problems, has died age 78 after a four-year battle with cancer, his family said in a statement.

Scandal-hit French tycoon Bernard Tapie dies aged 78
French businessman Bernard Tapie looks on during a suspension of his 2019 trial for having defrauding French state of nearly half a billion euros. Photo: Bertrand Guay/AFP

“Dominique Tapie and his family have the immense sadness to announce the death of her husband and their father, Bernard Tapie, this Sunday,” they said in a statement to La Provence newspaper in Marseille, in which Tapie was a majority stakeholder.

One of his sons, Stephane Tapie, confirmed his death with a post of “Goodbye my Phoenix” on Instagram.

“He left peacefully, surrounded by his wife, his children and grandchildren, who were at his bedside,” the statement said, adding that he wished to be buried in Marseille, “the city of his heart.”

Tapie rose from modest beginnings in a rough corner of Paris to become one of France’s most successful and high-profile businessmen, flaunting his wealth with American-style flair.

He was the longtime chairman of the Marseille football club, bought a cycling team and also found time to act, taking roles that included a police inspector on a popular TV show.

Tapie also dabbled in politics, becoming urban affairs minister in the Socialist government of Francois Mitterrand in the 1990s and later a French and European Parliament MP.

But his empire collapsed spectacularly in the late 1990s, beginning with a match-fixing trial that saw him serve time in jail.

He later faced prosecution over his purchase of the German sports brand Adidas in 1990, which he was forced to sell just a few years later to the state-owned bank Credit Lyonnais.

A court found him guilty of fraud over an arbitration settlement with thebank — he claimed he was cheated on the sale price — and an appeals court is due to issue its ruling on Wednesday.

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BUSINESS

French court hands Amazon €90,000-per-day fine over contracts

French authorities on Wednesday slapped a €90,000-per-day fine on e-commerce giant Amazon until it removes abusive clauses in its contracts with businesses using its platform to sell their goods.

French court hands Amazon €90,000-per-day fine over contracts

The anti-fraud Direction générale de la concurrence, de la consommation et de la répression des fraudes (DGCCRF) service said the online sales giant’s contracts with third-party sellers who use its Amazon.fr website contain “unbalanced” clauses.

“The company Amazon Services Europe did not comply completely with an injunction it was served and it is now subject to a fine of €90,000 per day of delay” in applying the changes, the DGCCRF said in a statement.

It also urged the platform to conform with European rules on equity and transparency for firms using online platforms.

Amazon said the order would harm consumers.

“The changes imposed by the DGCCRF will stop us from effectively protecting consumers and permit bad actors to set excessive prices or spam our clients with commercial offers,” the e-commerce giant said in a statement.

“We will comply with the DGCCRF’s decision but we absolutely do not understand it and we are challenging it in court,” responded the e-commerce giant in a statement.

Amazon said the clauses that the DGCCRF has ordered removed had, for example “prevented the appearance of exorbitant prices for mask and hydroalcoholic gel during the pandemic”.

In 2019, Amazon was fined €4 million for “manifestly unbalanced” contract clauses with third-party sellers on its site in a case brought by the DGCCRF.

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