Roland, Korg and GAK Fined For Price Fixing!

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Roland, Korg and GAK Fined For Price Fixing!

Unread post by Saul »

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This is quite shocking but at the same time probably won't surprise many?

Following Casio and Fender being fined earlier this year for price-fixing, it now appears they were not the only ones. Roland and Korg have been fined a total of £5.5 million for the same offences.

On top of that GAK in Brighton has also admitted to engaging in RPM with Yamaha and agreed to pay a maximum fine of more than a quarter of a million pounds to settle the case. The amount of the fine was increased by 15% after it emerged the activity appeared to have continued after GAK received an advisory letter from the CMA, making it aware that there was evidence suggesting it might be engaging in RPM.

Yamaha managed somehow to be granted total immunity from fines for being the first to bring the conduct to the attention of the CMA.

Does that sound like Yamaha knew the hammer was going to fall on them big time so they offered everyone else up on a platter to avoid the public humiliation? :think:

Read all the details in the full story here:
https://yamahamusicians.com/roland-korg ... in-the-uk/


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Re: Roland, Korg and GAK Fined For Price Fixing!

Unread post by Derek »

It made the papers today.

TBH, I have never had issues like this. both my Yamaha Montage and Korg Kronos were purchased in store after internet price matching which was well below RRP. Likewise, my Prophet X was a 3rd off RRP
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Re: Roland, Korg and GAK Fined For Price Fixing!

Unread post by Saul »

That's the odd thing though. I have never noticed any price-fixing. There is always special deals and discounts going on. Perhaps I was just not looking at the particular products they were talking about. :confusion-confused:
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