rolex fines | rolex watches fined rolex fines France’s competition regulator, the Autorité de la concurrence, has imposed a substantial fine of 91,600,000 euros on Rolex France, along with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA.
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The Swiss watchmaker has been fined 0 million by the country’s antitrust agency for effectively banning its authorized dealers from . 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. 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.
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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 regulator, the Autorité de la concurrence, has imposed a substantial fine of 91,600,000 euros on Rolex France, along with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA. Rolex SA has been fined about 0 million by the antitrust agency Autorite de la Concurrence. The French watchdog fined the Swiss watchmaker for illegally cracking down on distributors who wanted to sell the watches online.On 19 December 2023, the French Competition Authority (“FCA”) imposed a fine of € 91,600,000 million on Rolex for prohibiting its authorised retailers, for a period of over 10 years, from selling its watches online. The FCA imposed a record fine of €91 million on account of the gravity of Rolex’s practices and the duration of the infringement (over 10 years). The Decision illustrates the FCA’s constant focus on online restraints.
France’s antitrust regulator has fined Rolex 91 million euros (approximately 0.7 million), saying the watchmaker restricted competition by forbidding retailers to sell its much-sought-after timepieces online. The French Competition Authority (the "FCA") has fined Rolex France (jointly and severally with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA) for prohibiting its distributors from selling Rolex watches online for over ten years.
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”. 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 regulator, the Autorité de la concurrence, has imposed a substantial fine of 91,600,000 euros on Rolex France, along with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA. Rolex SA has been fined about 0 million by the antitrust agency Autorite de la Concurrence. The French watchdog fined the Swiss watchmaker for illegally cracking down on distributors who wanted to sell the watches online.On 19 December 2023, the French Competition Authority (“FCA”) imposed a fine of € 91,600,000 million on Rolex for prohibiting its authorised retailers, for a period of over 10 years, from selling its watches online. The FCA imposed a record fine of €91 million on account of the gravity of Rolex’s practices and the duration of the infringement (over 10 years). The Decision illustrates the FCA’s constant focus on online restraints.
France’s antitrust regulator has fined Rolex 91 million euros (approximately 0.7 million), saying the watchmaker restricted competition by forbidding retailers to sell its much-sought-after timepieces online. The French Competition Authority (the "FCA") has fined Rolex France (jointly and severally with Rolex Holding SA, the Hans Wilsdorf Foundation, and Rolex SA) for prohibiting its distributors from selling Rolex watches online for over ten years.
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