Nintendo fined by European Union
- Thread starter Clashman
- Start date
ouch ! 149 million euro is a lot...
good to see EC do something for consumers, but a lot of work is remaining.
i wonder if this will impact price of GC and GC software..
next in the line of fire: DVD.
at least according to the inquirer:
The €U is investigating an allegation that CNN AOL Time Warner took part in a cartel with other film companies, including Walt Disney, Sony, and 21st Century Murdoch (Fox) to raise the price of DVDs.
http://www.theinquirer.net/?article=5984
good to see EC do something for consumers, but a lot of work is remaining.
i wonder if this will impact price of GC and GC software..
next in the line of fire: DVD.
at least according to the inquirer:
The €U is investigating an allegation that CNN AOL Time Warner took part in a cartel with other film companies, including Walt Disney, Sony, and 21st Century Murdoch (Fox) to raise the price of DVDs.
http://www.theinquirer.net/?article=5984
Steve Dave Part Deux
Newcomer
Microsoft never had to pay. This case goes back to 1995, I believe. It really doesn't have anything to do with the GC or its' software.
CeiserSöze
Newcomer
Nope, Nintendo was expecting this for quite a few years and they've been putting the necessary money on the side for this during the last few years. This fine won't even impact the balance sheet in a big way (I think). A friend of mine who's working for one of Nintendos distributors even told me that Nintendo basically doesn't care about this. And of course they will appeal. Hey, if there's even a slight possibility to get away better then you have to try it... 
Johnny Awesome
Veteran
Well only about 80% of it. 
As CeiserSöze said this is from allot of years ago and Nintendo will have already had this money set asside for quite some time now. It has nothing to do with the Rare money or any other money they've made recently. If they ever end up paying the fine at all, its deffinately not a certainty.[/quote]
Logan Leonhart
Newcomer
Nintendo is EVIL!!!!! MwaHAHAHAHAHA!!!
CeiserSöze
Newcomer
I think no one here is going to deny that Nintendo didn't (and probably still doesn't) hold back when it comes to nasty stuff like terrorising retailers.
The only reason why quite a few gamers still regard Nintendo as the "good guys" is probably because they brought us Zelda, Mario, Metroid etc. (read: hours of fun) while Microsoft brought us... well, Windows9x (definitely not hours of fun)
The only reason why quite a few gamers still regard Nintendo as the "good guys" is probably because they brought us Zelda, Mario, Metroid etc. (read: hours of fun) while Microsoft brought us... well, Windows9x (definitely not hours of fun)
JF_Aidan_Pryde
Regular
LOL.. some of you.
Nintendo doesn't care?
Which company DOESN'T care about 150 Million Euros?!
Geezes some of you are making this sound like daily expenses.
150 Million is more than enough to cover their next graphics processor development contract.
Nintendo doesn't care?
Which company DOESN'T care about 150 Million Euros?!
Geezes some of you are making this sound like daily expenses.
150 Million is more than enough to cover their next graphics processor development contract.
Nobody said Nintendo doesn't care about this. What people are saying is this is no suprise to Nintendo. They'll have had the money set asside for this for a while and so it won't effect anything they might do now or in the future. As in they won't be saying: "Well we better not buy this dev house now since we got such a big fine" or "we better cut back our ad budget now to make up for that fine", this fine won't effect them.
But I'm certainly sure they care allot about it and don't want to pay it obviously, amd perhaps they won't, we'll have to see.
But I'm certainly sure they care allot about it and don't want to pay it obviously, amd perhaps they won't, we'll have to see.
Nintendo themselves admit that they find the size of the fine surprising.
http://news.bbc.co.uk/2/hi/business/2375967.stm
http://news.bbc.co.uk/2/hi/business/2375967.stm
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