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 Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.