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IWETHEY Home / IWETHEY Board / Arts and Entertainment Forum / Nintendo grossly underestimated fine
Post #60,263
by admin
Picture of admin
10/30/02 2:36:41 PM
Reply
New Nintendo grossly underestimated fine
[link|http://www.theregister.co.uk/content/54/27852.html|http://www.theregist...ent/54/27852.html]

Nintendo's share of the fine is an eye-watering \ufffd149m and it says it's going to appeal.

However, according to embedded changes that have remained in Nintendo's official press release sent out today, it seems the giant games company would not have contested the fine had it been below \ufffd50m.

In an embarrassing clanger, it seems Nintendo massively misjudged the scale of the fine it would receive.

Nintendo's statement accepts that it rigged the market in Europe during the 1990s admitting that it "did not comply with EU competition rules".
Regards,

-scott anderson

"Welcome to Rivendell, Mr. Anderson..."
Post #60,267
by drewk
Picture of drewk
10/30/02 3:24:44 PM
Reply
New So now we know
Like we didn't before, but we now have donfirmation that they will flagrantly flaunt the law as long as they expect the fine to be less than they expect to make from the illegal behavior. Why do judges not take this into account when levying fines? The point is supposed to be that "crime doesn't pay" isn't it?
===
Microsoft offers them the one thing most business people will pay any price for - the ability to say "we had no choice - everyone's doing it that way." -- [link|http://z.iwethey.org/forums/render/content/show?contentid=38978|Andrew Grygus]
     Court says "OK" to PS2 chip mods in Australia - (admin) - (9) - July 29, 2002, 04:31:58 PM EDT
         And they're going after DVD regions next. - (static) - (1) - July 30, 2002, 08:47:39 AM EDT
             cool! -NT - (SpiceWare) - July 30, 2002, 05:14:12 PM EDT
         Ballmer threatens removing X-box from Australia - (admin) - (6) - Oct. 22, 2002, 11:06:03 AM EDT
             I double-dare him. - (inthane-chan) - (2) - Oct. 22, 2002, 11:10:26 AM EDT
                 No kidding. - (admin) - Oct. 22, 2002, 11:15:26 AM EDT
                 We probably will, too. :-) -NT - (static) - Oct. 23, 2002, 07:53:14 AM EDT
             Nintendo busted for restricting cross-border sales in Europe - (admin) - (2) - Oct. 25, 2002, 10:17:38 AM EDT
                 Nintendo grossly underestimated fine - (admin) - (1) - Oct. 30, 2002, 02:36:41 PM EST
                     So now we know - (drewk) - Oct. 30, 2002, 03:24:44 PM EST

I can't shake this feeling from my head.
39 ms