Swiss Competition Commission investigating Swatch Group
June 09, 11
(IDEX Online News) – The Swiss Competition Commission COMCO on Wednesday announced that “COMCO is opening an investigation against Swatch Group,” according to a Swatch press release.
"This investigation was initiated by Swatch Group and should determine which mutually agreed solution is available to allow Swatch Group to gradually reduce its deliveries of mechanical watch movements and assortments to third parties, in the interest of the entire watch industry," Swatch stated.