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by turquoisevar 916 days ago
> The allegations made in this case are just about as juicy as they get and puts the spotlight dead center on the terrible practice of Authorized Dealers directly selling popular watch models into the grey market. This practice of course artificially increases the rather silly prices customers have to pay on the grey market in order to avoid decades long waiting lists.

I had to chuckle at this.

You’d think they’d be talking about loafs of bread in the USSR, the way they describe it.

1 comments

It really is an issue that's hard to feel empathy for. "Poor rich people, they can't buy a status symbol on a whim anymore" but grey market also means increased risk of counterfeit watches.