Saturday, February 6, 2010

Price fixing

An interesting read for us who wonder why Gibson wares are costly (generally). It's not conclusive as investigations are still effective:

Gibson Guitar Corp. is one of many manufacturers and organizations in the Musical Instrument Industry that has been named a party to approximately 30 lawsuits that claim they conspired to artificially increase and fix the prices of musical instruments. These lawsuits stemmed from an investigation by the Federal Trade Commission that lasted several years and was not pursued by the FTC after they concluded the investigation.

1 comment:

Matt Hauer said...

What's the reference?