Thursday 3 December 2009

Swatch accused of price fixing in Australia


Swatch Group has been accused of price fixing in Australia by the brand’s former Australian general manager Mark Watson, as reported by Australian trade publication Jeweller.

Watson claims that he was dismissed from the company in November 2008 after refusing to enforce Swatch’s preferred retail prices. He is now suing the watch company in County Court in Australia for loss and damages.

The price fixing allegations are reported to affect Swatch’s premium brands including Omega, Breguet, Tiffany & Co and Tissot. Watson has accused Swatch of indulging in price fixing to maintain its exclusivity of these top-end brands.

To read the full story on Jeweller News Magazine, click here


Pictured: Omega gent's Constellation Skeleton self-winding watch

1 comment:

  1. The price fixing does not stop at selling watches. I have just had to wait 3 months and paid a very full price to have a beautiful 15 YO Longuines watch repaired.

    6 weeks to get a quote on costs of repairs and the same again to fix it. I had to call 3 times in the past 4 weeks to get it sent to me. I have rarely seen such incompetence in customer service. Incompetence brought about by Swatch blocking jewellers from serving their watches.

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