Swatch Group AG, the world's largest Swiss watch manufacturer, has sued U.S. discount retailer Costco Wholesale Corp. to sell the company Omega Seamaster watches at a price below the terms of Swatch.
Costco, known for selling bulk purchase options, managed to find a distributor for third in New York, who bought watches from an authorized dealer of Omega in Europe at a price more competitive than the Omega applied to retail U.S.. Therefore, Costco was able to sell the watch of $ 1,299 more than the recommended retail replica chanel outlet
price of $ 1,995. The issue at stake concerns the ability to Costco and other discount carriers sell discounted products from foreign manufacturers without breaking the chanel watches regulations lawfully U.S. copyright.
A ruling in favor Omega "further boost production abroad," said Scott Schwartz, an intellectual property attorney based in Philadelphia with Cozen O'Connor, according to a Bloomberg report. "Manufacturers will undoubtedly review its manufacturing strategy to qualify for the benefits of that decision."
The impact of this case could affect retail outlets such as Target, eBay and Amazon.com, which generate annual revenues of $ 58 million based on property acquired or imported from chanel bags abroad and resold without the permission of the manufacturer. This type of sale is known as "gray market" sales or parallel sales.
According to Charles Sims, a lawyer from New York, who presented a letter of support on behalf of Omega's headquarters in Washington, the Association of American Publishers, "Whatever chanel coco the case is about is the relentless determination to Costco and entities as to maintain lowering prices regardless of any other consideration. ... The fact is that Congress in the copyright law imposed some other considerations. "