U.S. Supreme Court Divides in Costco Gray Market Case
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The U.S. Supreme Court divided evenly in a clash over the multibillion-dollar “gray market,” leaving intact a ruling that lets manufacturers use copyright laws to keep some products out of U.S. discount stores.
The 4-4 high court split, which doesn’t set a nationwide precedent, upholds a federal appeals court decision favoring Swatch Group AG’s Omega unit in a dispute with Costco Wholesale Corp. over discounted Seamaster watches.