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Gibson Responds to Price-Fixing Claims


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Gibson Responds to Price-Fixing Claims                                                             Korg USA Launches
In a recent press release addressing the
lawsuits in California and Washington
                                               any scheme to artificially inflate or fix prices
                                               is wholly without merit,” the company says
                                                                                                   Online Marketplace
D.C. that allege of a conspiracy between       in a press release. The statement goes on to        Korg USA recently announced the
Gibson Guitars, Yamaha, Fender Guitars,        add that, ironically, the costs incurred in de-     launch of its new online store at
NAMM, Guitar Center, and others to se-         fending against the allegations could lead to       shop.korgusa.com.
cure higher retail prices, Gibson described    higher prices for the end user:                        Starting immediately, visitors to
the claims as, “wholly without merit.”             “Unfortunately, that process will un-           korg.com also have a “Buy Now” op-
    “These lawsuits stemmed from an inves-     doubtedly result in high costs to many              tion for Korg’s entire product line.
tigation by the Federal Trade                                  organizations that, like Gib-       Clicking the “Buy Now” buttons
Commission that lasted several                                 son, strive to provide mu-          brings visitors directly to the online
years and was not pursued by                                   sic lovers everywhere with          store, where they can make a purchase
the FTC after they concluded                                   quality instruments, and            at any time, day or night. In partner-
the investigation. The allega-                                 aggressively compete on             ship with eCommerce vendor Shopa-
tion that Gibson participated in                               price.”                             tron, the customer’s order will be
                                                                                                   shipped via the participating retailer
                                                                                                   in closest proximity. Products will,
                                                                                                   “generally be in buyers’ hands within
                                                                                                   three to four business days,” accord-
Five-Star Honors Sabian’s Terri Shaw                                                               ing to the company. In the future,
                                                                                                   buyers will have the added option of
The Five-Star Drum Shops group hon-               Explained Rob Birenbaum, Five-Star               in-store pickup.
ored Terri Shaw, US sal
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