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Violation Tracker Individual Record

Company: Rolex Watch U.S.A. Inc.
Penalty: $750,000
Year: 2006
Date: February 28, 2006
Offense Group: miscellaneous offenses
Primary Offense: civil contempt
Secondary Offense: price-fixing or anti-competitive practices
Violation Description: Rolex Watch U.S.A. Inc. agreed to pay $750,000 as part of a settlement with the Department of Justice that resolved Rolex's alleged violations of a 1960 consent decree that prohibited U.S. importers of Swiss watches and watch parts from engaging in anticompetitive practices in the U.S. watch industry.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.