Posted inNEWS, LEAD STORY
Rolex fined £80 million for preventing its watches being sold online
France’s Competition Authority, the equivalent of the US Justice Department’s Anti Trust Department, has fined Rolex €91.6 million (£80 million) for preventing its authorised dealers selling new watches online. Rolex has a worldwide policy of only selling its watches through official jewellers’ brick and mortar stores, with online used only for marketing of new watches. […]
