COMCO

Comco is the Swiss Competition Commission, also called COMCO.

WatchTime’s January-February Issue is On Sale Now!

WatchTime Jan-Feb 2014 Cover

The January-February issue of WatchTime is on newsstands now (and on Nook, Kindle, and the WatchTime app for iOS and Android), featuring in-depth watch tests of the IWC Ingenieur Automatic AMG Black Series Ceramic, Blancpain Fifty Fathoms Bathyscaphe, and Ball Engineer Hydrocarbon NEDU, a reference guide to the watch industry's quality marks, a gallery of blue-dial beauties, and more. Click here for highlights from the issue... … [Read more...]

Swatch Group & Comco: 10 Key Moments

ETA 2892 movement

As we reported in October, Switzerland’s Competition Commission (Comco) has announced a decision to allow the Swatch Group, Switzerland's dominant producer of mechanical watch movements, to gradually halt sales of those movements to companies outside the group in 2020. Here is a timeline of 10 key moments in the ongoing legal soap opera between Swatch Group and Comco. … [Read more...]

COMCO: Swatch Group Can Stop Mechanical Movement Sales in 2020

Swatch Group logo

Switzerland’s Competition Commission (COMCO) has approved a plan allowing the Swatch Group to reduce gradually sales of mechanical movements to companies outside the group over the next six years, and to halt sales completely in 2020. Click here for details on the ruling. … [Read more...]

In Surprise Ruling, COMCO Halts Swatch Group Escapement Cuts

Swatch Group logo

Switzerland’s Competition Commission (COMCO) has ruled that it would be “premature” to allow the Swatch Group to reduce supplies of assortments (i.e. the regulating organ of a mechanical movement: escape wheel, pallet lever, balance wheel and balance spring) that it sells to Swiss watch brands outside the group. … [Read more...]

TAG Heuer to Increase Movement-Manufacturing at New Site in Jura

TAG Heuer logo

TAG Heuer has announced that it is doubling its mechanical-chronograph movement manufacturing capacity by building a new site in Chevenez, in the Swiss Canton of Jura, which will create 100 jobs and be operational by the end of 2013. The site will produce the in-house Caliber 1887 mechanical chronograph that was launched two years ago, plus a brand-new caliber that TAG Heuer is developing. … [Read more...]

Comco Opens New Swatch Group Investigation

swatch_grp_logo1

The Swiss Competition Commission (Comco) has announced that it is opening an investigation against Swatch Group arising out of the Group's plan to stop supplying mechanical watch movements and components to third parties. Comco said yesterday that the purpose of the investigation is to determine whether Swatch Group's decision is an abuse of its dominant market position and so a violation of the cartel law. … [Read more...]

Swatch Group Chairman Wants to Stop Deliveries to Competitors

nicolas_hayek_150

Reuters is reporting that in a recent interview published in the Swiss daily l'agefi, Swatch Group Chairman Nicolas Hayek said the group plans to stop selling watch parts to other brands. Swatch Group supplies movements and crucial components to many brands through its ETA unit. "We no longer intend to produce or deliver to third-party watchmakers," Hayek was quoted as saying. … [Read more...]

TIME TEST: The Year in Watches

quiz_kid_2

For those who may have missed it, this was our featured article last week, and it was so popular, we've carried it over. Say goodbye to 2009 with this WIS quiz on some of the year's top stories. To see how you did, or to ensure a perfect score, scroll down to the bottom of the page to see the answers. … [Read more...]

TIME TEST: The Year in Watches

quiz_200_1

Have you been taking notes? We did say there would be a test. Say goodbye to 2009 with this WIS quiz on some of the year's top stories. To see how you did, or to ensure a perfect score, scroll down to the bottom of the page to see the answers. … [Read more...]

Swiss Competition Commission Opens New ETA Investigation

swatch_grp_logo_1501

Swatch Group announced yesterday that the Swiss Competition Commission (COMCO) has opened a new investigation against ETA Manufacture Horlogère SA. The Swatch Group statement notes that this is not the first time that the COMCO has investigated a company of the Swatch Group, and that the Swatch Group is confident that the results of this investigation will again be positive for ETA (a reference to an investigation in 2003 that was resolved by an agreement between ETA and COMCO). … [Read more...]