Disneyland Paris has been fined over 1 million euros due to late payments to suppliers.
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The parent company, Euro Disney, was found to have been delinquent in paying various invoices, a violation discovered by the Directorate General of Competition, Consumer Affairs, and Fraud Prevention (DGCCRF), a government organization responsible for overseeing competition, consumer affairs, and fraud prevention.
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The DGCCRF investigated Euro Disney’s compliance with statutory payment terms, which in France dictate that invoices must be paid within sixty days unless otherwise specified in a contract. In 2020, Euro Disney failed to adhere to these terms, resulting in a hefty fine of 1.3 million euros.
The Disneyland Paris resort has not commented on the fine. In France, companies can face fines of up to 2 million euros for such payment delays. This penalty can double if another violation occurs within two years.
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