Nintendo unhappy about price-fixing ruling

[wiifanboy]

Filed under: News
In 2002, the European Commission fined Nintendo (and seven distributors presumably associated with the company) 167.8 Euros ($262 million), after ruling that Nintendo failed to regulate the prices set by distributors between 1991 and 1998.

Unsurprisingly, Nintendo is displeased. They're protesting the fine with the European Court of First Instance. "The penalty was unfair, illegal, even shocking," Nintendo lawyer Ian Forrester told the court, referring to the fine as "one of the biggest single fines in EU competition law."

We doubt that anyone in Europe who has ever purchased a video game would be surprised to hear that some pricing-related trickery could have been going on.

[Via Game|Life]

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[masterchief929]

that is such crap, nintendo should not have to pay that kind of money!