Monday, August 11, 2014

Nicola Brusa. atokalpa 07:04


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In the dispute over the delivery reductions of movements of the Swatch Group (CLOCK 485.4 25.1%) is due to other watch companies in the second attempt, an agreement on the table. The Competition Commission (Comco) atokalpa has approved a new agreement negotiated its secretariat with the watch group.
The delivery obligations with the Assortiments (key components of movements) continue to exist temporarily. At this point, the Competition Commission had insisted, as a reduction "due to the current market conditions and the uncertain future development in this area" was premature.
The Competition Commission had refused on a first agreement of its Secretariat with the Swatch Group in mid-July. It was envisaged that the Swatch supplied amount of mechanical movements in 2013 to 85 percent in 2014 and may limit to 75 percent the amount of 2010.
The now approved proposal is based on the sale amount on average in the years 2009 to 2011: this can reduce Swatch in the years 2014/2015 to 75 per cent, 2016/2017 and 2018/2019 to 65 percent to 55 percent.
According to the edition have to be treated equally to all customers. In addition, an SME clause was agreed, should be avoided with the hardship cases. (Ajk / sda) (Created: 10/25/2013, 11:31 clock)
The competition commission shall render its own secretariat in the back. You approve the negotiated agreement with Swatch, the watch with the company atokalpa wanted to reduce deliveries, only partially. More ...
The Swiss watch manufacturer could achieve this year for the first time nine billion Swiss francs in sales - thanks to China. CEO Nick Hayek also talks about the collaboration with Economiesuisse. More ...
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Nicola Brusa. atokalpa 07:04
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