Fender, Yamaha, Korg, Roland & Casio Offices Raided In Price-Fix Probe!

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Fender, Yamaha, Korg, Roland & Casio Offices Raided In Price-Fix Probe!

Unread post by Saul » Sun May 27, 2018 11:29 am

price_fixing.png

This was a bit of a shock in todays morning news!

Apparently some time last month the offices of Yamaha, KORG, Roland, Casio and Fender were raided by officers of the CMA (Competition & Markets Authority) who were acting on a complaint that originated somewhere in Germany.

I have a suspicion there is a certain retailer who feels they may be not getting the sort of deal they are demanding. To me it seems far more likely that the companies under investigation were colluding on not bowing down to the demands of this retailer than trying to fix prices across the board.

Full story is here https://yamahamusicians.com/fender-yama ... fix-probe/
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Re: Fender, Yamaha, Korg, Roland & Casio Offices Raided In Price-Fix Probe!

Unread post by Derek » Sun May 27, 2018 7:30 pm

Was in the telegraph this morning

https://www.telegraph.co.uk/news/2018/0 ... facturers/

No suggestion of wrong doing .......... yet.......
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Re: Fender, Yamaha, Korg, Roland & Casio Offices Raided In Price-Fix Probe!

Unread post by Saul » Sun May 27, 2018 8:14 pm

Yeah it's early days although the CMA must have at least thought there were reasonable grounds to look into it. Still doesn't quite seem right to me. Will be very interesting to see where it goes though.
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