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korg and roland competition law

 
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keith-helen
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Joined: 28 Jan 2008
Posts: 274
Location: brighton, u.k

PostPosted: Tue Jun 30, 2020 7:41 am    Post subject: korg and roland competition law Reply with quote

Have just read in our national paper (Daily Mail 30.06.2020) that Korg and Roland have been fined a total of £5.5m for breaking competition law. Casio and Fender have been fined £3.7m and £4.5m respectively.
Our local dealer here in Brighton (GAK) was fined £278,945

Regards

Keith Lawton
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keith lawton
76 PA4X ,yamaha Qy100, Band in a box, FL studio and a right handed banjo I am left handed!!
previous Yamahas, Technics KN800 KN 1000 Roland G800 and G1000, Korg M1,i3, i30HD PA 80 PA 800,
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worth
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Joined: 27 Sep 2005
Posts: 1092

PostPosted: Tue Jun 30, 2020 7:55 am    Post subject: Reply with quote

This is not a good look at all . Everyone knows these products are over priced for what they are but to be exposed for price fixing is disgraceful.

And from the Guardian article it looks like Yamaha exposed them !
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karmathanever
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Joined: 12 Jan 2004
Posts: 10393

PostPosted: Tue Jun 30, 2020 8:18 am    Post subject: Reply with quote

Well I guess that secures the jobs and salaries of the CMA Confused

...and also NOT help the prices of future products.... !!!!!
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chelsea4023
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Joined: 06 Apr 2016
Posts: 455
Location: West London, U.K.

PostPosted: Tue Jun 30, 2020 10:51 am    Post subject: Reply with quote

Hi,
ROLAND £4 million.
KORG £1.5 million.
Chris
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kbrkr
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Joined: 06 Oct 2003
Posts: 800
Location: Savannah, Georgia USA

PostPosted: Tue Jun 30, 2020 5:07 pm    Post subject: Reply with quote

I would of thought Yamaha would of been the BIGGEST offender!

Of their prices are fixed and not discounted at the retailers.
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chelsea4023
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Joined: 06 Apr 2016
Posts: 455
Location: West London, U.K.

PostPosted: Tue Jun 30, 2020 7:30 pm    Post subject: Reply with quote

Kbrkr,
You couldn't make it up. I read on another Forum that Yamaha blew the whistle on Roland and Korg in return for immunity from prosecution.
I think we need to get confirmation on that though.
Chris
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karmathanever
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Joined: 12 Jan 2004
Posts: 10393

PostPosted: Wed Jul 01, 2020 2:15 am    Post subject: Reply with quote

Quote:
I read on another Forum that Yamaha blew the whistle on Roland and Korg


Similar report from the media but honestly, who in their right mind would ever trust the media?
Not suggesting that it's false though....

Very Happy
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pa4x_user
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Joined: 21 Sep 2016
Posts: 419
Location: Maroochydore Qld

PostPosted: Wed Jul 01, 2020 5:21 am    Post subject: Reply with quote

Yamaha was granted immunity.

Official UK Govt website >

https://www.gov.uk/government/news/musical-instrument-firms-to-pay-millions-after-breaking-competition-law
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karmathanever
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Joined: 12 Jan 2004
Posts: 10393

PostPosted: Wed Jul 01, 2020 4:11 pm    Post subject: Reply with quote

Quote:
Yamaha was granted immunity.


Yamaha own CMA perhaps???
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Sam CA
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Joined: 02 May 2008
Posts: 3990
Location: Los Angeles

PostPosted: Wed Jul 01, 2020 5:03 pm    Post subject: Reply with quote

Damn! Is Korg UK just an extension of Korg USA?
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Korghelper
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Joined: 26 Jul 2017
Posts: 584

PostPosted: Wed Jul 01, 2020 5:53 pm    Post subject: Reply with quote

Yamaha ratted and cut a deal. Just like the Mafia..!

Kiss goodbye to the last brick and mortar stores. The margins are paper thin already. Pare them to the bone, only online retailers will be in business soon.

Kiss goodbye to trying one for free before you buy. Kiss goodbye to a knowledgeable sales clerk answering your questions. Kiss goodbye to comparing two or three models at the same time.

All this is the obvious endgame that started when manufacturers allowed online only retailers and basically destroyed the established brick and mortar system that had worked for centuries. The price we pay to save a few percent on the price is that we now have to make our decisions hands free, and most of the gains we make are lost in shipping costs back to the distribution center when what we bought sight unseen turns out to be obviously flawed once we got it in our hands.

But.... progress, right? Evil or Very Mad
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