Guitar Center and NAMM Accused of Price Fixing

Thursday, September 24, 2009| by Will Chen

Per a September 23, 2009 press release, Hagens Berman Sobol Shapiro LLP has filed a class action lawsuit on September 22, 2009 in U.S. District Court in California against Guitar Center and the National Association of Music Merchants (NAMM) claiming the two conspired to fix retail pricing on fretted instruments including guitars, allowing national music-retail heavyweight Guitar Center to secure higher profits and stamp out competition at the expense of consumers.

You can read the press release in it's entirety here including a link for those potentially interested in participating in the lawsuit.

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