Why would the Competition Commission to await the developments in the market in the next few years

Swatch watches parts must continue to provide competitors The competition commission shall render its own secretariat in the back. You approve the negotiated clock parts agreement with Swatch, clock parts the watch with the company wanted to reduce deliveries, only partially.
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The pointer in the dispute over delivery reductions between the Competition Commission (Comco) and the Swatch watch group be reset. Although the Competition Commission approves in principle, that the Swatch Group (CLOCK 479.4 -0.62%) may reduce the supply of mechanical movements to third party customers under certain conditions gradually, but considers it in the Assortiments premature.
The now not approved scheme provided that Swatch can reduce the supply of mechanical movements as well as key components for watch movements (Assortiments) to other watch manufacturers by the year 2021 or 2025. Regarding mechanical movements were the Competition Commission, according clock parts to a release green light - under the condition that the Swatch watch movement manufacturer ETA daughter and SA all their customers are treated identically.
For the years 2012 and 2013, the Swatch Group has been committed by the Competition Commission to supply their customers initially with 85 percent of the delivered Clockwork quantities of 2010. For 2014, the Commission considered a further reduction of 10 percent delivery as appropriate.
Swatch provides 95 percent of the amount of 2010 - - The Assortiments however still applicable precautionary measures expire at the end of 2013. "From 1 January clock parts 2013 Swatch shall ship Assortiments back in full," Competition Commission President Vincent clock parts Martenet told the news agency on request sda.
The Competition Commission believes that a reduction in the delivery Assortiments due to the current market conditions and the uncertain future development in this area as premature. "There are too many uncertainties," said Martenet. At the moment there are no adequate alternatives to the Swatch supplies.
Why would the Competition Commission to await the developments in the market in the next few years before they can accept delivery reductions. "It clock parts will probably take several years for the Swatch Group and the Comco Secretariat will return to the negotiating table again," Martenet held. Another amicable settlement between the Competition Commission Secretariat and the Swatch Group would be submitted to the Competition Authority for approval again.
Swatch CEO Nick Hayek goes this but all too slowly. "It's amazing how virtually no one has moved in the Swiss watch industry, since the debate surrounding the issue over a decade ago has begun," he left in a writing written quote announced.
Not surprisingly, he was disappointed by the Competition Commission decision, but also regretted the lack of innovation of competitors. This showed little clock parts interest "to create something new or to be independent of Swatch Group". Hayek pointed further to the beginning of May, presented at the Baselworld watch fair new mechanical movement "Sistem51". So his company clock parts has proven that it is possible in just over two years to create a product and to industrialize, "is not just 60 percent, but 100 percent Swiss Made".
The controversy surrounding clock parts the delivery reductions has been running for years. While the world's largest watch company wants to reduce its deliveries to third party customers continuously, some small manufacturers are vehemently against it.
They criticize that the deadlines do not meet the mid-priced brands to find new suppliers. Thus, the growth clock parts of these firms would slow down. An alternative to Swatch for the purchase of movements spend it not in this price range.
Due to the decision by the Competition Commission provisional measures, it allow Swatch Group to deliver fewer components, several companies had come to the Federal Administrative Court, but which confirmed the measures of the Competition Commission in September 2011. End of May 2012 extended the competition authority of the provisional measures by the end of 2013 (rub / sda) (Created: 12/07/2013, 08:06 clock) clock parts
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