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Nintendo Fined $143m for Price-Fixing

Posted by michael on from the fine-to-be-paid-in-gold-coins dept.

kyz writes "The BBC is reporting that the anti-trust branch of the European Commission has fined Nintendo 146 million euros (roughly $143m) for preventing its distributors from selling games as cheaply as they are sold in other European Union countries. For example, "prices of Nintendo products were up to 65% higher in Germany or the Netherlands than in Britain". Now if only the EU could do this with Microsoft, Levi Strauss and the MPAA members..."

1 of 428 comments (clear)

  1. Re:$143 million dollars? by AKnightCowboy · · Score: 0, Troll
    Just like DVDs, this is a scam designed purely and simply to skim more cash off the consumer.

    I wasn't aware any of these corporations are non-profit charities. What's wrong with maximizing profits by adjusting prices in different countries? Adam Smith would be very proud of Nintendo right about now.