Definitely bad.......but I think you known that.
Disappointing outcome but not a surprise, I can`t begin to understand the legality of it but despite Cousins believing they had a good case the Swiss have got away with it. Restricting supply of parts is indefensible in my opinion and contrary to whatever the big brands might claim it does nothing to safeguard watch owners, it merely limits their choices and puts up the cost of service and maintenance to whatever level the manufacturers wish to charge.
Over the past 12 months my interest in watches has started to wane, from both a collector's stance and a repairer. The frustration at trying to source parts and being told I can`t have them has been a factor, the situation gets worse every year.
Stuff watches, seriously considering selling the majority of my own collection. The whole scene has changed for the worse over the past few years, new watches have reached ridiculous price levels, the parts and service situation is ludicrous, really struggling to retain any enthusiasm thesedays.