Nintendo Investigation

The European Union Commission is looking into possible Nintendo price fixing. The EU's Competition Commission believes Nintendo and its European distribution partners, Linea GIG SpA, Itochu Corp, Concentra LDA, Bergsala AB, Nortec SA, CD-Contact Data GmbH and John Menzies Plc., acted like a cartel to divide up the European market and stifle competition. The group's actions wiped out parallel trade between EU nations and resulted in product price differences of as much as 100 percent from one country to another. EU competition rules give Nintendo and its partners two months to reply to the allegations, after which the Commission can impose fines as high as 10 percent of the company's annual global turnover.