Nintendo rats for 'discount' in 90's EU scam

Reduce the fine with one hand; knock the EU with the other. Nintendo plays ball with EU commission for fine reduction, but doesn't like it very much.

Nintendo's infamous 134 million penalty for price-rigging throughout the 90's has been reduced by 27 million following an EU court ruling, reports MCV news.

In the 90's Nintendo was found to be illicitly working with several distributors to keep the prices of its goods artificially high. While the largest ruling from the EU fair competition authority, Nintendo was granted the "discount" of nearly a fourth for their cooperation in the investigation.

Nintendo appealed the amount of the penalty and was successful, with a court in Luxembourg declaring last Thursday that the charge will be cut to 107 million.

A central policy of the European Commission discounts penalties to any group that cooperates in its investigations. This process is part of a broader strategy to attract leads and stir mistrust between parties involved in fair trade scandals.

Nintendo continues to trumpet the EU actions against the company as "unfair, illegal, and even shocking."

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