Poland Fines Watch Importers For Retail Price-Fixing

Law360, New York (January 15, 2014, 3:46 PM EST) -- Poland's antitrust watchdog hit two importers of high-end watches made by Hugo Boss AG, Citizen Holdings Co. Ltd. and other well-known brands with a roughly 1.1 million-zloty ($363,000) fine for allegedly fixing the price retailers could charge for the timepieces, the agency announced Wednesday.

PHU Jubiler and Anyro & Co., the exclusive distributors of watches made by a series of foreign manufacturers, allegedly policed sellers to make sure they were offering the products for set minimum prices and retaliated against merchants who were noncompliant, according to...
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