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News Burst: Sega raided over price fixing

Will Knight ZDNet.co.uk

Published: 12 Nov 1999 11:17 GMT

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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.

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