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The French competition watchdog said the measure had been disproportionate given other brands had found ways sell online while thwarting counterfeiting – and used Rolex's CPO launch as counterargument.
Rolex was fined the equivalent of $100 million by France’s competition watchdog for prohibiting authorized retailers from selling online.
Luxury watchmaker Rolex was fined about $100 million by France’s antitrust agency for an illegal decade-long...