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| Name | Symbol | Market | Type |
|---|---|---|---|
| Swatch Group AG (PK) | USOTC:SWGAY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.13 | -1.31% | 9.80 | 9.79 | 9.95 | 10.05 | 9.79 | 10.01 | 107,753 | 21:02:13 |
From Jul 2019 to Jul 2024
The European antitrust investigation against luxury watch manufacturers isn't linked to an ongoing Swiss probe against Swatch Group AG (UHR.VX), a spokesman for the Swiss Competition Commission said Friday.
"The EU probe against watch makers is not linked to our investigation and we are not in contact with the EU on this," said Patrick Ducrey of the Swiss Competition Commission, or WEKO.
The WEKO launched a probe against Swatch in June after the Swiss watch maker asked the regulatory body to find out whether the company's intention to reduce its supply of dials, movements and other parts to other Swiss watchmakers is in line with competition rules.
The European Commission earlier Friday said it is opening an antitrust investigation into luxury watch manufacturers for allegedly refusing to supply spare parts to independent repairers.
-By Goran Mijuk, Dow Jones Newswires, +41 43 443 80 47; goran.mijuk@dowjones.com
1 Year Swatch (PK) Chart |
1 Month Swatch (PK) Chart |
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