Nintendo fined £90million+ for "trying to rig the computer game market"

[crhylove]

what i said still stands:

corporation = evil

and not the cool "bad ass" evil that is so popular on and offline.

more like the "we don't care if you starve in the streets" evil.

but afaik that "i wish i'd bought an xbox or ps2, they'd NEVER do that" was a joke. seems awful sarcastic to me anyway, i can't really see how anyone would actually belive that given the ludicrous liscencing schemes that both MS and sony have purpotrated on a whole realm of industries, foremost (to me) being the computer one.

rhy

 

[tbag]

hmm

Nintendo would never do shit like that from what ive known

:bs:

Anyhow nintendo can recover from that easily

 

[AlphaWolf]

Re: hmm

Nintendo would never do shit like that from what ive known

:bs:

Anyhow nintendo can recover from that easily

The fact remains that they did....and about recovering, they don't realy need to because they have somewhere around $6 billion in cash reserves. The problem they are facing though, is their net profits dropped by about $300 million last year, and are continuing to drop at that rate. This certainly isn't helping.

 

[crhylove]

on a related topic:

i'm incredibly sick of that little bs flag.

can we ban the bs flag?

that'd be great!

rhy

(no offense to the artist, it's just over used/abused by now eh?)

 

[tbag]

hmm

Yeah its abit dull it needs like a smilie next to it doing a salute or something but banning it is ok

chances are this thread will be closed by Jaz now

 

[UltraThing]

Yes CRHY of course my earlier post about "wish I'd bought PS2 or Xbox" was sarcasm. I have no illusions about Nintendo, and while I think your views regarding corporate greed are perhaps moot and puerile to some extent - since no likely "revolution" is on the horizon -- I still also 100% agree with what youre saying.

Nintendo is a corporation, with the sole intent of making a profit, and as such are not above price fixing and such in any way. Of course they did it. I think it is of some relevance that this practice is not only normal in Japan but is a longstanding accepted part of Japanese culture. They basically treat business as war, and "all's fair in love and war." Check out how the "keiretsu" system works in Japan and compare it to this ... the Europe thing is small potatoes.

But as to whether that somehow makes me think less of Nintendo than I ever did before ... hell no. Sega was no better back when Nintendo was doing this and Microsoft and Sony are both modern epitomes of all that you have recently decried about the evils of the corporation.

There is another evil, though, and that is government. And I highly suspect that the fledgling EU boys looked at Nintendo as a very fat cash cow back in the early 90's and saw a fine source of capital. What Nintendo did is done by all competitors in all markets, to the extent that theyre able. Nintendo just happened to be riding high at the time.

 

[tbag]

Nintendo is older then many of us here and besides it owns the world with GBA and the fact GBA is region free makes it worth a good buy (with a flash linker kit )

Anyhow GBA takes me back to the snes

Funny thing is there is 25-26 million people in Australia and 2 million plus of those people own a GBA thats about 3-4 billion worth :happy: plus literally millions of games boosts it to probably about 10-20 billion

Just remember that doesnt include GB/GBP/GBC

Anyhow i rest my case

 

[AlphaWolf]

You know, that is kinda funny, the major players in the video game industry were sega and nintendo, two small companies that found an interest in the market. Now that its grown, you get two huge companies, microsoft and sony, which have taken it over.

Nintendo is older then many of us

correction: all of us, nintendo has been around for well over a century.

 

[Sukh]

The fact is (me Nintendo fanboy remember...), Nintendo broke European law, caused Europeans to pay more than they should, and now they're being fined. They suffer the consequences of what they did. Maybe it'll be a message to other firms, telling them, "don't you friggin dare". The EU is slow, but it gets there, eventually.

And for people too lazy to find out what 90 million quid is, that's €/$ 150 million ish.

 

[Smiff]

yeah but how does this do any of us any good? it sure wont be the german kid who paid too much getting that money. Nintendo doesn't need this atm, they have enough competition from MS and Sony now. And finally, do you think they'll lower prices in Germany, or raise them here, or both? What about the fact that it costs companies more money to operate in some economies than others?

 

[Sukh]

That's not the point, it is the principle that matters. Anyway, they stopped their price riggin a few years back. This is punishment for what they did.

If say for example, if a criminal had knocked over a person in a street 3 years ago, and they had only just been caught, you'd still expect them to be punished wouldn't you? Even if they haven't recommited since then?

 

[Smiff]

yeah yeah, just provoking a debate lol

 

[crhylove]

more thougts:

well clearly governments failing globabally to enforce a free market economy IS the root of the problem, lord knows i wouldn't decry their innocence.

in fact, in the current anarchy that is the global economy, (given governments inability to curb monopolization) i expect alot more despotic behavior by corporations, and as usual:

the biggest will be the worst.

and yeah, i know i fight a loosing battle shouting the virtues of a revolution (particularly when the problem is global, how is a global revolution going to work?), but i am one to loose through ethical means, rather than win through lazy ideals.

regardless of the negative personal outcome.

rhy

 

[tbag]

Nice thinking there Chrylove BTW i should be able to give you some docs on emulating GC input within a few days

 

[Renegade]

LOL! rig the game market. what will they try next? this sounds of iraqish - "We're invading Kuwait because they flooded the oil market"