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Re: [Amps] tubes??

To: "Bill Fuqua" <>
Subject: Re: [Amps] tubes??
From: "Tom W8JI" <>
Date: Fri, 6 Jul 2007 10:04:53 -0400
List-post: <>
Here's some history about Richardsons:

In 1991, the Company settled an antitrust suit with the U.S. 
Department of
Justice related to its participation in the electron tube 
industry. As a consequence, certain of its manufacturing 
activities became
uneconomic and were divested or discontinued, including the 
sale of the
Company's former Brive, France manufacturing operation to 
local management.
Formal transfer of ownership occurred in January 1995. Under 
an evergreen
agreement, the Company and Covimag negotiate a purchase 
commitment on an
annual basis. Covimag is managed by the same individuals 
previously employed
by the Company at this facility. Covimag is highly dependent 
on Richardson,
which is its primary customer. Settlement of purchases under 
the contract is
at standard terms. Except for the supply contract, 
Richardson has no other
financial commitment to or from Covimag. Relationships under 
the supply
contract are believed by the Company to be satisfactory.

You can see they got bit by the Justice Department **after** 
they ruined the tube market. This is where Cetron went, and 
why 572B's went through the roof on price. Richardsons 
bought Cetron and owned Amperex and the tube manufacturing 
in France.

They also bought all the distribution outlets in competetion 
with them, making them a sole source.

Like the USA televison and VCR manufacturing industry, our 
own government as typical did far too little far too late. 
The US Justice Department made them "sell" their 
manufacturing (to employees loyal to Richardsons) but 
stupidly allowed a distributorship contract. Eimac even 
foolishly signed a deal with Richardsons making Richardsons 
the sole distributor of their products.

IMO it is still illegal.

73 Tom

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