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Bobaroo
10-26-2002, 06:06 AM
BRUSSELS/LONDON (Reuters) - European antitrust regulators next week will fine Japanese video game maker Nintendo and a number of its distributors for sales practices it employed in the mid-1990s, EU Commission sources told Reuters.

The EU is expected to take up the matter next week, slapping the world's No. 2 video game maker with a fine. The Nintendo settlement is on the commission agenda for Wednesday, EU sources said.

The size of the fine could not be confirmed. A spokesman for Nintendo of America confirmed that Nintendo had already set aside funds to deal with the fine.

Read more (http://www.reuters.com/news_article.jhtml?type=technologynews&StoryID=1636085)

Source: Reuters.com (http://www.reuters.com)



SKYHN
10-26-2002, 08:01 AM
ROFL, I remember reading something about this on Madonion. It said that game prices in europe should be lower, they are selling them for too high.

Big Joke if you ask me. If anyone is paying too much, its Cananda. $50 for a game is reasonable, especially when it costs Millions of dollars to make.
redwench
10-26-2002, 08:43 AM
Originally posted by Bobaroo330
sales practices it employed in the mid-1990s

"accused in 2000 of collaborating with distributors to limit cross-border flow of its products in an effort to raise wholesale prices. "

"Nintendo has cooperated with the EU from the outset of the investigation, which dates back to 1995. "

note that the prices arent even of interest, and the violations occured 10 years ago.
Null Actor
10-26-2002, 06:32 PM
Originally posted by SKYHN
If anyone is paying too much, its Cananda. $50 for a game is reasonable, especially when it costs Millions of dollars to make.

What the hell are you talking about? We pay pretty much exactly what you guys do.
SKYHN
10-27-2002, 01:02 AM
Well the part about canada was more directed at hardware than software. Isnt PS2, GC and Xbox nearly double the price in Canada?
AK47
10-27-2002, 01:17 AM
Yeah, but their money isnt worth anything.

$50 canadian = a roll of quilted charmin
Null Actor
10-27-2002, 01:21 AM
Originally posted by SKYHN
Well the part about canada was more directed at hardware than software. Isnt PS2, GC and Xbox nearly double the price in Canada?

Not sure what you are smoking, but they are the same price if you factor in exchange rate.
N.W.A_Kid
10-28-2002, 04:24 PM
I think Bob Barker is behind the price gouging. And anyway, you guys know that I am anti Nintendo so I am happy to see this :)