The ‘visits’ consisted of several unannounced raids and seizures at a number of retailers. The retailers are suspected of having implemented anti-competitive practices in the luxury watch distribution sector.
The authorities clarified: “at this stage, these interventions obviously do not prejudge the guilt of the companies concerned by the alleged practices […] The Authority will not make any other comment on the identity of the companies visited or the practices targeted. “
You can read the official statement by the French Competition Authority right here (unsurprisingly, in french)