Just FYI.
Consumers are not happy.
Retailers are not happy.
Somewhat related to the Orion vs Meade/Ningbo Sunny (same lawyer bringing about the lawsuit)
https://topclassactions.com/lawsuit-...jYm6viCA_JlWKE
Quote:
Celestron Acquisition and Ningbo Sunny Electronic Co. faces a class action for allegedly conspiring together to create a telescope sale monopoly.
Plaintiff Daniel Hightower, a telescope consumer and amateur astronomy enthusiast, says that a jury has already found that Celestron and its parent company in China, Synta, conspired with their competitor Ningbo to fix prices, divide the market and illegally dominate it so that they could rip off American purchasers.
Hightower asserts that Synta and Ningbo Sunny manufacture more than 80% of the telescopes imported into the United States. He claims that, instead of competing with each other, the two companies have agreed on what prices to charge and which telescopes their companies will produce.
The plaintiff maintains that Celestron controls at least 70% of all U.S. telescope sales to consumers who are forced to pay supra competitive prices. Hightower says that as a result of this conspiracy, he and his fellow putative Class Members have overpaid for telescopes by at least $350 million.
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