Nintendo thumbs nose at EU fine

Nintendo is refusing to pay a 149.1 million euro fine slapped on its for allegedly price fixing.

European Union regulators fined the gaming giant in 2002 following on from allegations that Nintendo, and seven distributors had colluded to raise hardware and software prices between 1991 and 1998.

They were found guilty as charged and one of the biggest ever fines in EU competitions history levied against Nintendo.

But now the games console maker is fighting the fine.

“The penalty was unfair, illegal, even shocking”, Ian Forrester, representing Nintendo, told the European Court of First Instance in Luxembourg. (link)

0 Responses to “Nintendo thumbs nose at EU fine”

  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 29 other followers

Technorati – Blog Search

Add to Technorati Favorites

submit express


%d bloggers like this: