#Rolex is receiving a $100 million fine for stopping authorized sellers from selling their products online for over 10 years, per France’s Autorité de la Concurrence 👀⌚️
The national competition regulator says Rolex’s ban on digital sales is a serious issue, hurting consumers and sellers, especially when online sales have been growing for luxury goods like watches 📈 Rolex had said the ban was to prevent counterfeiting, but the board disagreed, saying it was too extreme. What do y’all think about this ⁉️
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