Welcome to the Piano World Piano Forums
Over 2.5 million posts about pianos, digital pianos, and all types of keyboard instruments
Join the World's Largest Community of Piano Lovers (it's free)
It's Fun to Play the Piano ... Please Pass It On!

Gifts and supplies for the musician

SEARCH
the Forums & Piano World

Trying Something New with Search
(ad)
Calculator Looks Like Piano Keyboard
Calculator that looks like a piano keyboard
Piano Keyboard Calculator

New in the Piano World online store (PianoSupplies.com) now.
(ad)
Pearl River
Pearl River Pianos
(ad) Pianoteq
(ad) Lindeblad Piano
Lindeblad Piano Restoration
(ad) P B Guide
Acoustic & Digital Piano Guide
Who's Online
97 registered (bennevis, augustm, Annette Schmidt, alienT, 29 invisible), 1419 Guests and 10 Spiders online.
Key: Admin, Global Mod, Mod
(ad) Estonia Piano
Estonia Pianos
Quick Links to Useful Piano & Music Resources
Our Classified Ads
Find Piano Professionals-

*Piano Dealers - Piano Stores
*Piano Tuners
*Piano Teachers
*Piano Movers
*Piano Restorations
*Piano Manufacturers
*Organs

Quick Links:
*Advertise On Piano World
*Free Piano Newsletter
*Online Piano Recitals
*Piano Recitals Index
*Piano & Music Accessories
*Live Piano Venues
*Music School Listings
* Buying a Piano
*Buying A Acoustic Piano
*Buying a Digital Piano
*Pianos for Sale
*Sell Your Piano
*How Old is My Piano?
*Piano Books
*Piano Art, Pictures, & Posters
*Directory/Site Map
*Contest
*Links
*Virtual Piano
*Music Word Search
*Piano Screen Saver
*Piano Videos
*Virtual Piano Chords
Topic Options
#1991948 - 11/28/12 01:05 PM Steinway & Sons Switzerland raided in anti-trust probe!
Thrill Science Offline
500 Post Club Member

Registered: 09/04/11
Posts: 589
Loc: California
Quote:
The offices of Steinway & Sons Swiss dealers were raided as part of an antitrust probe into piano purchases at the Zurich University of the Arts.

Evidence indicates that there may have been agreements on sales territories and prices for Steinway pianos, the Swiss Competition Commission said in an e-mailed statement today. Imports of pianos from neighboring countries may have been impeded or prevented, the watchdog said. The probe was started yesterday.


See full article here:

http://www.bloomberg.com/news/2012-11-28...rust-probe.html
_________________________
Robert Swirsky
Thrill Science, Inc.

Top
(ad 800) Pearl River
Pearl River the world's best selling piano
#1992123 - 11/28/12 08:08 PM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Thrill Science]
Dave B Offline
2000 Post Club Member

Registered: 08/01/11
Posts: 2512
Loc: Philadelphia area
It will be interesting to watch this play out. Thanks for the post. There was a post last year complaining about a very similar situation here in the USA.
_________________________
"Imagine it in all its primatic colorings, its counterpart in our souls - our souls that are great pianos whose strings, of honey and of steel, the divisions of the rainbow set twanging, loosing on the air great novels of adventure!" - William Carlos Williams

Top
#1992336 - 11/29/12 09:40 AM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Thrill Science]
Steve Cohen Offline
Yikes! 10000 Post Club Member

Registered: 05/26/01
Posts: 10732
Loc: Maryland/DC/No. VA
_________________________
Piano Industry Consultant- http://www.linkedin.com/pub/steve-cohen/6/b92/b80

Consultant & Contributing Editor - Acoustic & Digital Piano Buyer

Jasons Music
Maryland/DC/No. VA
Since 1937.

www.jasonsmusic.com
My postings, unless stated otherwise, are my personal opinions, not those of my clients.

Top
#1992349 - 11/29/12 10:23 AM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Thrill Science]
Piano*Dad Online   content
Yikes! 10000 Post Club Member

Registered: 04/12/05
Posts: 10730
Loc: Williamsburg, VA
There is not enough "there" in that article for me to understand the issues. But at a surface level, how is this different from any manufacturer, say, oh, Yamaha, from having a suggested retail price that is more than a mere suggestion.
_________________________
https://www.youtube.com/user/dhfeld/videos

Top
(ad)
Piano & Music Accessories
piano accessories music gifts tuning and moving equipment
#1992388 - 11/29/12 11:54 AM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Thrill Science]
frog97 Offline
Full Member

Registered: 02/02/12
Posts: 69
Loc: West side of the Globe
col·lu·sive (k-lsv, -zv)
adj.
Acting in secret to achieve a fraudulent, illegal, or deceitful goal.


col·lu·sive
[kuh-loo-siv] Show IPA

adjective
involving collusion; fraudulently contrived by agreement: a collusive agreement to increase prices.

Top
#1992535 - 11/29/12 06:09 PM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Thrill Science]
Paulwbenn Offline
Full Member

Registered: 11/13/07
Posts: 53
Loc: Dallas
The Swiss Franc has seen wild appreciation in recent years against the US Dollar and the Euro. This makes products sold in neighboring Germany and France and priced in Euros much cheaper in real terms than in Switzerland where the same products are priced in Francs. It wouldn't surprise me to find that Steinway or its Swiss dealers were looking to protect the local dealers from price competition across the border.

Top
#1992552 - 11/29/12 07:00 PM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Thrill Science]
Larry Buck Offline
2000 Post Club Member

Registered: 10/27/04
Posts: 2447
Loc: Lowell MA
Wild appreciation ???

I was thoroughly thrashed converting Swiss Francs to Euros, Franks were very low.

What am I missing?
_________________________
"It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt."
Mark Twain

E. J. Buck & Sons
Lowell MA 01852
978 458 8688
www.ejbuckpiano.com
http://www.facebook.com/EJBuckPerformances

Top
#1992577 - 11/29/12 08:04 PM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Larry Buck]
Thrill Science Offline
500 Post Club Member

Registered: 09/04/11
Posts: 589
Loc: California
Also the pianos available in Switzerland were likely from Steinway Hamburg, so any USD/CHF fluctuation may be irrelevant. (Isn't that one of the reasons Steinway opened a European factory in the first place?)
_________________________
Robert Swirsky
Thrill Science, Inc.

Top
#1992592 - 11/29/12 08:57 PM Re: Steinway & Sons Switzerland raided in anti-trust probe! [Re: Thrill Science]
PianoWorksATL Offline
3000 Post Club Member

Registered: 09/19/09
Posts: 3169
Loc: Atlanta, GA
This is related to an institutional purchase. In some cases and in my experience, the regulatory efforts employed to prevent fraud or corruption are frustratingly difficult to satisfy even with the best intentions and help from the regulating body.

Anti-trust sounds scary. I'll be interested to see what becomes public.

I will wait for more information before judging the situation, but either way, I bet any legal defense will be an untimely expense. It would be for anyone in our small industry.
_________________________
Sam Bennett
PianoWorks - Atlanta Piano Dealer
Bösendorfer, Estonia, Seiler, Grotrian, Hailun
Pre-Owned: Yamaha, Kawai, Steinway & other fine pianos
Full Restoration Shop
www.PianoWorks.com
www.youtube.com/PianoWorksAtlanta

Top

Moderator:  Ken Knapp, Piano World 
What's Hot!!
Why Do YOU Play the Piano?
-------------------
Posting Pictures on the Forums
-------------------
Forums Rules & Help
-------------------
ADVERTISE
on Piano World

-------------------
Piano Classified Ads
Piano Acc. & Gift Items in
Piano World's Online Store
In PianoSupplies.com ,(a division of Piano World) our online store for piano and music gifts and accessories, party goods, tuning equipment, piano moving equipment, benches, lamps Caster Cups and more.


Free Shipping on Jansen Artist Piano Benches
(ad)
Pianist Magazine
Pianist Magazine - Helping you become a better player
(ad)
Defining National Piano Schools
Defining National Piano Schools
(125ad) Dampp Chaser
Dampp Chaser Piano Life Saver
(ads)
PD - WNG - MH
Wessell Nickel & Gross
New Topics - Multiple Forums
Best edited version?
by Serge Marinkovic
11 minutes 48 seconds ago
Confused on finger numbering.
by Okarin
Today at 08:14 PM
Roland RD100 Loud Keybed
by chrislandon
Today at 06:35 PM
Profelt
by Gene Nelson
Today at 06:12 PM
Moved to Digital Pianos: Roland RD100 Loud Keybed
by chrislandon
Today at 05:29 PM
Forum Stats
84,432 Registered Members
44 Forums
174,153 Topics
2,543,274 Posts

Most users ever online: 15,252 @ 03/21/10 11:39 PM
Sheet Music Plus (125)
Sheet Music Plus Featured Sale

Visit our online store for gifts for music lovers

 
Help keep the forums up and running with a donation, any amount is appreciated!
Or by becoming a Subscribing member! Thank-you.
Donate   Subscribe
 
Our Piano Related Classified Ads
|
Dealers | Tuners | Lessons | Movers | Restorations | Pianos For Sale | Sell Your Piano |

Advertise on Piano World
| Subscribe | Piano World | PianoSupplies.com | Advertise on Piano World | Donate | Link to Us | Classifieds |
| |Contact | Privacy | Legal | About Us | Site Map | Free Newsletter | Press Room |


copyright 1997 - 2016 Piano World ® all rights reserved
No part of this site may be reproduced without prior written permission