Nintendo's Record Court Fine Reduced By Soft-Hearted Judge

Illustration for article titled Nintendos Record Court Fine Reduced By Soft-Hearted Judge

Back in 2002, Nintendo were busted by the European Union for price-fixing. Their punishment was a €149 million (USD$200 million) fine, which is still one of the biggest penalties ever handed out by the EU.

But for being such co-operative so-and-sos with the whole thing, a judge has reduced the company's fines to "only" €119 million (USD$160 million). This is in keeping with EU policy, which "rewards" perpetrators with reduced fines if they co-operate with investigations.

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Nintendo was originally found guilty of having colluded with several distributors across Europe in a concerted effort to keep the price of Nintendo consoles and games artificially high.

Judge reduces £134m Nintendo fine [MCV]

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DISCUSSION

chivalruss-old
ChivalRuss

Hmm...

Wasn't Nintendo on the other end of price fixing recently by the two companies that made the screens for Nintendo DS systems coluding to overcharge Nintendo for the screens?