Breaking News

CORSAIR Launches Second-Generation RMx SHIFT PSUs with Updated Cables and 12V-2×6 GPU Support Zenmuse L3 Launches as DJI's First Long-Range, High-Accuracy Aerial LiDAR System Toshiba launches S300 AI surveillance HDD for AI-driven video applications addlink Launches P50 USB SSD ASUS Republic of Gamers Announces ROG GR70 Gaming Mini PC

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

European Court Dismissed Optical Storage Makers' Appeal in Cartel Case

European Court Dismissed Optical Storage Makers' Appeal in Cartel Case

Enterprise & IT Jul 29,2019 0

Sony Sony Optiarc, Quanta Storage Inc., Hitachi-LG Data Storage Inc. and Toshiba Samsung Storage Technology Corp. will have to pay fines for in breach of EU competition law.

In a decision dated back in 21 October 2015, the European Commission found that the aforementioned optical disc drive (ODD) makers had participated in a cartel on the optical disk drives (ODD) market. Those products were used inter alia in personal computers manufactured by Dell and Hewlett Packard (HP). In order to select their ODD suppliers, Dell and HP use standard procurement procedures carried out on a global basis which involve, inter alia, quarterly negotiations over a worldwide price and overall purchase volumes with a small number of pre-qualified suppliers. According to the Commission, the cartel at issue, which lasted between at least June 2004 and November 2008, sought to accommodate volumes on the market and ensure that the prices remained at levels higher than they would have been in the absence of the cartel.

The Commission granted Philips, Lite-On and Philips & Lite-On Digital Solutions Corporation immunity from fines for having reported the anticompetitive practice to the Commission whereas the following fines (Euros) were imposed on the other participating companies:

  • Sony Corporation and Sony Electronics Inc.: 21,024,000
  • Sony Optiarc Inc.: 9,782,000 (of which Sony Optiarc Inc. was jointly and severally liable with Sony Optiarc America Inc.in an amount of 5,433,000)
  • Quanta Storage Inc.: 7,146,000
  • Hitachi-LG Data Storage Inc. and Hitachi-LG Data Storage Korea Inc.: 37,121,000
  • Toshiba Samsung Storage Technology Corp. and Toshiba Samsung Storage Technology Korea Corp.: 41,304,000

The companies on which fines were imposed brought actions before the General Court for annulment of the European Commission’s Decision or a reduction of the fines imposed on them.

But the General Court of the European Union earlier this month dismissed the appeals in their entirety, meaning the fines remain in place.

Tags: Sony OptiarcTSSTHLDSQuanta Storage
Previous Post
Oppo Shows Off New Borderless 'Waterfall Screen' Smartphone Design
Next Post
Facebook’s Like Button Makes Websites Liable, Court Rules

Related Posts

  • CDRInfo.com (p)reviews the HLDS UD Station

  • HLDS UD Station DVDRW (Preview)

  • External USB Slim Recorders Comparison

  • HLDS portable DVD Android external Recorder

  • HLDS presents the world first DVD which is compatible with Android OS to fascinate customers

  • You Can Now Claim Get A $10 Settlement Following An Optical Disk Drive Antitrust Ligitation

  • Hon Hai Gains Apple Mac Orders From Quanta

  • TSST Korea Initiates Rehabilitation Proceedings

Latest News

CORSAIR Launches Second-Generation RMx SHIFT PSUs with Updated Cables and 12V-2×6 GPU Support
PC components

CORSAIR Launches Second-Generation RMx SHIFT PSUs with Updated Cables and 12V-2×6 GPU Support

Zenmuse L3 Launches as DJI's First Long-Range, High-Accuracy Aerial LiDAR System
Drones

Zenmuse L3 Launches as DJI's First Long-Range, High-Accuracy Aerial LiDAR System

Toshiba launches S300 AI surveillance HDD for AI-driven video applications
Enterprise & IT

Toshiba launches S300 AI surveillance HDD for AI-driven video applications

addlink Launches P50 USB SSD
PC components

addlink Launches P50 USB SSD

ASUS Republic of Gamers Announces ROG GR70 Gaming Mini PC
Gaming

ASUS Republic of Gamers Announces ROG GR70 Gaming Mini PC

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed