EU Probes Watch Manufacturers Over Parts Supply PoliciessharetweetshareEuropean Union (EU) antitrust regulators have announced that they're going to investigate claims that luxury watch manufacturers are refusing to produce spares to independent watchmakers and repairers, a breach of EU competition rules. The ecu Commission would not identify the companies involved in the probe, however Swatch Group has confirmed it is one of many targets. Reuters quotes Swatch Group spokesperson Beatrice Howald as on the grounds that the investigation "concerns almost the full watch industry" understanding that Swatch Group is "confident with regards to the outcome of this investigation ." Since this story travels to press, Richemont and LVMH haven't issued statements.The regulators will investigate a complaint lodged in 2004 from the European Confederation of Watch & Clock Repairers' Associations mens sport watches , or CEAHR. That complaint claimed how the manufacturers' parts policies threaten they are driving independent watchmakers out of business, and there is no alternate sources for most spare parts.The complaint was rejected in 2008, breitling for sale however this past December the Luxembourg-based General Court from the Western european annulled the rejection, saying regulators erred in dismissing it.In the statement issued the other day, regulators said "An initiation of proceedings does not imply the commission has conclusive evidence of an infringement. It only signifies that the commission will look into the case really should be priority".Just how long your analysis usually takes remains unclear.sharetweetshare watches replica bentley breitling watch
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