Posted inINTERNATIONALNEWSUK

Swiss watchmakers cleared of abusing their positions in limiting distribution of spare parts

Richemont, Rolex and The Swatch Group have been cleared of breaking any competition laws relating to restrictive practices in the repair and servicing of their watches. The EU General Court has upheld a decision by the European Commission that found the servicing and repair market to be sufficiently competitive, and that requirements for third party […]

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