NashvillePost: Gibson goes on defensive against price-fixing claims

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.

Tags: Musicians

Category: Featured, Financial/Legal