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Rolex Fined €91.6M for Anti-Competitive Practises in France

w154
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Seems to be a result of not allowing it’s retailers to sell the watches online for the last 10+ years.
 
Dan S
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The judgement is nothing, but if it means that ADs will be able to sell watches online in the future, that's a big deal.
 
Archer
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Sending my thoughts and prayers to Rolex. In other words...

 
gbesq
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Not to worry. There are still plenty of widows and orphans for Rolex to sue. 😁
 
gbesq
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Poor Rolex. 🙁 How will the company ever pay such a large fine? 😲 After all, it's owned by a charitable trust. 😕 Oh, wait a minute . . . 👎
Edited:
 
p4ul
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gbesq gbesq
How will the company ever pay such a large fine?

Here’s a thought. How about they manufacture a few extra watches and sell them?

…..I know it was a ridiculous idea, sorry.::facepalm1::
 
p4ul
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ErichPryde ErichPryde
Hi, this sounds serious. Have you seen a Doctor? 😵‍💫

Hi, I am an online Doctor. Rolex employ a number of caring people who consent to be drained of blood and have it replaced with purple piss. I read about it in the BMJ….or it may have been one of Rupert Murdoch’s publications.
 
ErichPryde
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sheepdoll sheepdoll
Amazing alterations alleviate all alcohol activity. Rolex rolls record redundant refuse. 👍

Feeling a little bit of alliteration coming on today, I see. Thank goodness we have an internet doctor in the house to fix both of you right up!
 
pdxleaf
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I'm pretty dense.

Why is it anti-competitive for one company to not want to sell its product, whether on-line or in stores?

To be anti competitive or to attempt to form a trust, don't you need to collude with more than yourself, as in two or more competitors attempt to control the price of a market?

If one company, Rolex, attempts to control the price of their product, isn't that normal? They control how much they want to charge. Why is a company required to sell online?

Please explain this to me.
 
Pastorbottle
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I think its that they are putting a restriction upon the dealers to not sell online, which if I was a dealer I’d be mighty pissed off if they interfered with how I do my business
 
Fallout Boy
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If it s a win-win situation, I subscribe any contract. 😉
Selling one ROLEX for 20k (in the store) is smarter than selling 20 XY for 1 k and having probably 5 complaints from 5 customers...
 
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