From the NashvillePost.com:
Iconic Nashville-based guitar manufacturer Gibson said claims it colluded with other manufacturers and a retailer in a price-fixing scheme are “wholly without merit.” Gibson, along with competitors Yamaha and Fender, retailer Guitar Center, and the National Association of the Music Merchants, an industry group, are charged in a number of lawsuits in California and Washington, D.C., alleging a conspiracy to secure higher retail prices. The suits are filed under the names of various purchasers of guitars and are expected to be treated as a class action. Read more here.
[fbcomments count="off" num="3" countmsg="Comments" width="100%"]
Category: Featured, Financial/Legal