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They were also recently hit with a huge lawsuit to make their supply more available. Maybe they understood market dynamics of luxury goods more than the govern
by mensetmanusman 3y ago
They were also recently hit with a huge lawsuit to make their supply more available.
Maybe they understood market dynamics of luxury goods more than the government?
"Rolex fined £80 million for preventing its watches being sold online"
https://www.watchpro.com/rolex-fined-100-million-for-preventing-its-watches-being-sold-online/ https://www.watchpro.com/rolex-fined-100-million-for-prevent...
- jqpabc123 3y agoRestrictions are needed to maintain cartel like control over the watches and keep the price at 10x that of the comparable competition.