|SRAM, manufacturers of Gripshift have won their court
battle with Shimano over unfair competitoin. Trade bible Bicycle Retailer & Industry
News reports that on Monday, a California jury agreed with SRAM in its pricing dispute
with Shimano, ruling that the Japanese component maker priced its shifter below cost
for the purpose of eliminating competition. This was a violation of California business
code. Final damages are pending but the jury awarded approximately $9 million.
Quoted in Bicycle Retailer & Industry News, Stan Day, SRAMís president said “Shimano