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The Swiss watchmaker has been fined 0 million by the country’s antitrust . The Swiss watchmaker has been fined 0 million by the country’s antitrust agency for effectively banning its authorized dealers from selling watches online, Bloomberg reports.
Rolex was fined about 0 million by France’s antitrust agency for pursuing an illegal decade-long crackdown on distributors selling the Swiss firm’s luxury watches online. Rolex was fined about 0 million by France’s antitrust agency for pursuing an illegal decade-long crackdown on distributors selling the Swiss firm’s luxury watches online. France’s Competition Authority, the equivalent of the US Justice Department’s Anti Trust Department, has fined Rolex €91.6 million (0 million) for preventing its authorized dealers selling new watches online.
The penalty is in response to industry referrals and subsequent investigations from Rolex's prolonged prohibition - exceeding a decade – to prevent its retailers from engaging in online sales, a practice which violates competition regulations. PARIS — Rolex has been slapped with a 91.6 million-euro fine for prohibiting its authorized distributors from selling online for more than a decade, according to a ruling of France ’s. Rolex has been fined 0 million by France’s anti-trust agency. The Autorité de la concurrence rejected Rolex’s premise the online sales ban “combats counterfeiting and parallel trade”. 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.
Paris—A French regulatory body has fined Rolex €91.6 million (approximately .9 million) over its decade-long practice of preventing authorized Rolex dealers in France from selling its watches online. The Autorité de la Concurrence, or French Competition Authority, announced the fine Dec. 19. Rolex was fined about 0 million by France’s antitrust agency for an illegal decade-long crackdown on distributors selling the Swiss firm’s luxury watches online.
The Swiss watchmaker has been fined 0 million by the country’s antitrust agency for effectively banning its authorized dealers from selling watches online, Bloomberg reports. Rolex was fined about 0 million by France’s antitrust agency for pursuing an illegal decade-long crackdown on distributors selling the Swiss firm’s luxury watches online. Rolex was fined about 0 million by France’s antitrust agency for pursuing an illegal decade-long crackdown on distributors selling the Swiss firm’s luxury watches online.
France’s Competition Authority, the equivalent of the US Justice Department’s Anti Trust Department, has fined Rolex €91.6 million (0 million) for preventing its authorized dealers selling new watches online. The penalty is in response to industry referrals and subsequent investigations from Rolex's prolonged prohibition - exceeding a decade – to prevent its retailers from engaging in online sales, a practice which violates competition regulations.
PARIS — Rolex has been slapped with a 91.6 million-euro fine for prohibiting its authorized distributors from selling online for more than a decade, according to a ruling of France ’s. Rolex has been fined 0 million by France’s anti-trust agency. The Autorité de la concurrence rejected Rolex’s premise the online sales ban “combats counterfeiting and parallel trade”. 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 watches fined
Paris—A French regulatory body has fined Rolex €91.6 million (approximately .9 million) over its decade-long practice of preventing authorized Rolex dealers in France from selling its watches online. The Autorité de la Concurrence, or French Competition Authority, announced the fine Dec. 19.
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rolex fined|rolex watch sale ban
