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Nintendo gets a break on price rigging fine photo

Hmph. Like they need it.

The year was 2002, and Nintendo got a huge slap on the wrist by the European Commission after being busted for price fixing their wares and software in the late 1990s. If you remember, they were hiking prices in Europe, and then working with distributors to keep them high. Well, this slap was actually more like a forceful kick in the balls. The fine was 134 million pounds, or about $200 million by today's conversion. Keep in mind that this was before that had all of that Wii and DS cash in pocket. But even with that money, this kind of fine has to hurt.

You know they could swing that fine no problem these days. Despite that, Nintendo gets a break; their fine was reduced by almost 30 million pounds (about $45 million) on appeal, reports Edge. It seems that the Court of First Instance in Luxembourg gave the Japanese megacompany the hook-up for their level of cooperation on the issue. How sweet.








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Dale North is Destructoid's Editor-In-Chief, a founding editor, and specialist in Japanese gaming. An accomplished musician, Dale was reporting from Japan during the earthquakes of 2011. Luckily, he got the fuck out alive and is home in America now with his wife and beloved corgi, Einstein. Dale is also a co-founder of Destructoid's sister anime site Japanator. Likes Corgis, Sega Saturn, PSP, iPhone, Photographic tools. Meet the rest of the team



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6 comments | showing # 1 to 6
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Chronic Logic's Avatar - Comment posted on 05/01/2009 18:50
Chronic Logic
Can you imagine if they had to pay the fine back then? Yea, the game market would probably be totally different. But now, that's all chump change.
CRAZYAPE69's Avatar - Comment posted on 05/01/2009 19:07
CRAZYAPE69
woah, thats exactly what my N64 looks like now, complete with mario kart and red controller
Zippyduda's Avatar - Comment posted on 05/01/2009 19:34
Zippyduda
Oh I'm sure that's just a drop in the pond for Nintendo. I need to play my Ocarina of Time more...
Monodi's Avatar - Comment posted on 05/01/2009 19:57
Monodi
Maybe off topic but the N64 is one of the mostdurable game systems ever. It still works with a 75% or reliability.
Steve Cebu's Avatar - Comment posted on 05/01/2009 22:03
Steve Cebu
That reminds me to sell my N64. I only have 2 games for it, Jet Force Gemini (my favorite game) and Golden Eye. The N64 looks like crap on a High-Def TV.
It works great but hard to go back to a 20" Sony after getting the 52" Sony.
The N64 was a great system tho. But all the old systems play awful on the new HDTV's.
cainball's Avatar - Comment posted on 05/02/2009 03:19
cainball
@Steve: I would recommend keeping it. You really aren't going to get a huge amount of money for it, and you might want it later for nostalgic reasons.
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