Innovation
News Burst: Sega raided over price fixing
The headquarters of Sega were raided in Tokyo Yesterday in connection with allegations of price fixing of the recently released Sega Dreamcast console.
Sega remain unsurprisingly tight-lipped over the affair with a spokesman saying, "The offices have been raided and it is in connection with price fixing allegations, but that is all I can say at the moment."
The Japanese gaming giant are accused of pressuring retailers into selling the Dreamcast console for no less than 19,900 yen (£117). This will, however, mean little to British gamers who first saw the Dreacast in UK shops last month with a price tag of £199.
Shares in the Sega corporation fell 5 percent following news of the raids.