Rolex, Patek Philippe and others Antecedents:
Spain case S/Ref. Expte. R/0075/11
The Swiss cartel found guilty of anti-trust, anti-competition for the same practice the cartel did and back at it again lately in the US.
In 2006, The DOJ fined Rolex $750,000 for violation of the consent decree. For violation of the consent decree that prohibited U.S. Importers of Swiss watches and watch parts from engaging in anticompetitive practices in the U.S. watch industry.
Watch Servicing Competition
Keep Prices and Quality in Check