Swatch allowed to reduce watch parts supply through 2013

May 15, 2012

Switzerland's Comco has extended through 2013 the temporary measures it granted to Swatch. The measures allow Swatch to reduce supplies to third parties by 15 percent of 2010 levels for movements, and 5 percent for components. Comco said that the extra year granted by the extension is to acknowledge that watch companies must order supplies before the competition commission will be able to complete its investigation.

The investigation is to determine whether Swatch, Switzerland's dominant market player, will be allowed to reduce the supply of watch parts to watchmakers. According to Swatch, some movements end up in counterfeit watches.

Full content: Bloomberg

 

Related contentSelective Distribution and Luxury Goods: The Challenge of the Internet? (Denis Waelbroeck, Emily Clark & Mat Hughes, Ashurst)

 

Want more news? Subscribe to CPI's free daily newsletter for more headlines and updates on antitrust developments around the world.

Links to Full Content

Comments

You can't post comments until you have logged in. Please login here or register.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments