Swiss watch maker Swatch Group AG (UHR.VX) has won the latest round in its fight to reduce the amount of components it must supply to rival watchmakers.

A Swiss court rejected an appeal by 11 watchmakers, who wanted Swatch to be forced to continue full supply of parts and movements next year while a full investigation into the matter takes place.

-By John Revill, Dow Jones Newswires; +41 43 443 8042 ; john.revill@dowjones.com

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