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taken from IGN.COM
EU Fines Nintendo
According to Reuters, the EU are fining Nintendo and their European distributors next week for breaking antitrust regulations with it's sales practices in the mid-90's. They were accused in 2000 of limiting cross-border flow of their products to raise wholesale prices as retailers could only order from the distributors for their country and couldn't import cheaper goods.
Unsurprisingly this is bad for Nintendo's stock prices. This coupled with them reducing their GameCube sales forecasts has made their stock prices drop 19% in the last month.
EU Fines Nintendo
According to Reuters, the EU are fining Nintendo and their European distributors next week for breaking antitrust regulations with it's sales practices in the mid-90's. They were accused in 2000 of limiting cross-border flow of their products to raise wholesale prices as retailers could only order from the distributors for their country and couldn't import cheaper goods.
Unsurprisingly this is bad for Nintendo's stock prices. This coupled with them reducing their GameCube sales forecasts has made their stock prices drop 19% in the last month.
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actually it was 94,000,000...i have to say this from Nelson - "har har!"
basicly Nintendo got sewed that much because they were trying to block other companies from selling old nintendo games cheaper
basicly Nintendo got sewed that much because they were trying to block other companies from selling old nintendo games cheaper
Hmmmmmmmmmm, looks like a hefty lump of the RARE money has just gone down the drain. ;-)
They are being fined £95 million which is a lot of money for a company that aims to make a profit where ever they can.
taken from IGN.COM
EU Fines Nintendo
According to Reuters, the EU are fining Nintendo and their European distributors next week for breaking antitrust regulations with it's sales practices in the mid-90's. They were accused in 2000 of limiting cross-border flow of their products to raise wholesale prices as retailers could only order from the distributors for their country and couldn't import cheaper goods.
Unsurprisingly this is bad for Nintendo's stock prices. This coupled with them reducing their GameCube sales forecasts has made their stock prices drop 19% in the last month.
EU Fines Nintendo
According to Reuters, the EU are fining Nintendo and their European distributors next week for breaking antitrust regulations with it's sales practices in the mid-90's. They were accused in 2000 of limiting cross-border flow of their products to raise wholesale prices as retailers could only order from the distributors for their country and couldn't import cheaper goods.
Unsurprisingly this is bad for Nintendo's stock prices. This coupled with them reducing their GameCube sales forecasts has made their stock prices drop 19% in the last month.
Page: