Breaking News

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG ASUS Announces Prime AP303 Compact Mid-Tower ATX Case Canon launches versatile EOS R6 Mark III and innovative RF 45mm F1.2 STM lens uHoo Launches Caeli – The Smart Air Quality Monitor DJI Introduces Osmo Mobile 8 with Intelligent Subject Tracking

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

HLDS, TSST Face EU Antitrust Fines

HLDS, TSST Face EU Antitrust Fines

Optical Storage Oct 20,2015 0

Hitachi-LG Data Storage Inc.(HLDS) and Toshiba-Samsung Storage Technology Corp (TSST) have been engaged in price-fixing case and may face fines as soon as Wednesday, Bloomberg reports. This is the result of a three-year-old European Union price-fixing complaint. Some recipients of a formal EU complaint in 2012 are set to be fined, said the people who asked not to be identified because the decision isn’t public. Thirteen companies were sent the so-called statement of objections three years.

The EU technology probe mirrored a U.S. investigation where Hitachi-LG agreed to plead guilty and pay a $21.1 million fine for conspiring with other companies from June 2004 through September 2009 to rig bids and fix prices for optical drives sold to Dell, Hewlett-Packard and Microsoft.

The commission accused 13 companies of colluding to rig bids for at least five years on optical-disk drives sold to manufacturers of personal computers and servers in an antitrust complaint sent three years ago.

Royal Philips NV has said it was granted immunity from fines in the case.

Tags: HLDSTSST
Previous Post
Intel To Invest In Non-Volatile Memory
Next Post
HTC One A9 Launched

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

  • European Court Dismissed Optical Storage Makers' Appeal in Cartel Case

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

  • TSST Korea Initiates Rehabilitation Proceedings

Latest News

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG
Gaming

ASUS Republic of Gamers Announces Availability of Swift OLED PG27AQWP-W and Strix OLED XG27AQWMG

ASUS Announces Prime AP303 Compact Mid-Tower ATX Case
Cooling Systems

ASUS Announces Prime AP303 Compact Mid-Tower ATX Case

Canon launches versatile EOS R6 Mark III and innovative RF 45mm F1.2 STM lens
Cameras

Canon launches versatile EOS R6 Mark III and innovative RF 45mm F1.2 STM lens

uHoo Launches Caeli – The Smart Air Quality Monitor
Consumer Electronics

uHoo Launches Caeli – The Smart Air Quality Monitor

DJI Introduces Osmo Mobile 8 with Intelligent Subject Tracking
Drones

DJI Introduces Osmo Mobile 8 with Intelligent Subject Tracking

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