ELI5: Explain Like I'm 5

Federation of the Swiss Watch Industry FH

So let's say you have a bunch of friends who all have really cool toys that you want to play with. But sometimes they don't want to share their toys with you, and that can make you sad.

Well, the Federation of the Swiss Watch Industry FH is kind of like your friends. They have a bunch of information and rules about how to make really cool watches in Switzerland. And they want to make sure that all the different watch companies in Switzerland are following the same rules and sharing their information with each other.

Why is that important? Because it means that everyone can make really high-quality watches, and they can all learn from each other to make even better watches. It also helps to make sure that people aren't copying each other's designs or cheating to get ahead.

So basically, the Federation of the Swiss Watch Industry FH is like your friends' club for making really cool watches, and they want to make sure everyone is following the same rules so they can all have fun and make the best watches they can.
Related topics others have asked about: