French Competition Authority fines Rolex for preventing its authorised retailers to sell its products online
In its decision no. 23-D-13 of 19 December 2023, the French Competition Authority imposed a fine of 91.6 million EUR on Rolex France SAS and three parent companies (Rolex Holding SA, Foundation Hans Wilsdorf and Rolex SA) for enforcing a complete ban on online sales by its authorised resellers within its selective distribution network. This decision marks the highest sanction imposed to date by the French Competition Authority for such practice.
