Swatch Group free to supply watch movements: Swiss watchdog
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[ZURICH] Swatch Group will be free to supply mechanical watch movements to whomever it wants, even though it still has a dominant market position for these essential watch parts, Swiss competition watchdog Weko said on Wednesday.
The decision puts an end to a year-long procedure pitting the world's biggest watchmaker against its main competitor in mechanical watch movements, Sellita, with the competition authority seeking to ensure fair competition.
REUTERS
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