in the interest of disclosure to our members, i have decided (with paul's approval) to post the information relating to a class action law suit being pursued against guitar center and namm regarding alleged price fixing practices being conducted by g.c.
note, talkbass is taking no editorial stance on this topic either way, but we feel it is appropriate to inform you guys that this is going on, so you can pursue it yourselves if you wish.
here is the information pertaining to this suit :
Quote:
Hi all –
Guitar Center is the focus of a class-action lawsuit and I thought you might be interested in how the national retailer is harming customers and squashing competition.
I work with a law firm that’s filed a lawsuit against Guitar Center, claiming they made unlawful agreements to raise the prices of fretted instruments for consumers. The lawsuit alleges Guitar Center conspired with the National Association of Music Merchants (NAMM) to monopolize the market by fixing retail pricing and engaging in anti-competitive agreements with manufacturers.
This brings all kinds of issues to consumers and competitors, most importantly fixed pricing on instruments.
This suit represents anyone who purchased a fretted instrument (acoustic and electric guitars, banjos, violins) between Jan. 1, 2005 and Dec. 31, 2007.
You can learn more or contact attorneys at www.hbsslaw.com/guitarcenter.
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