Game Giants Refuse to Pass Tariff Refunds to Consumers

1 min read
Source: Business Insider
Game Giants Refuse to Pass Tariff Refunds to Consumers
Photo: Business Insider
TL;DR Summary

Sony, Microsoft, and Nintendo are asking courts to dismiss class-action suits alleging they inflated console prices to offset tariffs and then sought refunds from the government; despite the Supreme Court ruling tariffs illegal, the companies argue pricing reflected multiple factors and that they owe consumers nothing, with Sony expecting about 80 billion yen in tariff refunds and Nintendo reporting a $300 million refund.

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