Breaking News

Seagate Introduces Storage Built for Consumer Data Explosion Viltrox Introduces AF 35mm F1.2 LAB N FE KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor Beelink EX Mate Pro Unveiled

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

Optical Drive Makers Face EU Antitrust Fines

Optical Drive Makers Face EU Antitrust Fines

Optical Storage May 8,2015 0

European Union requlators may impose fines to makers of CD and DVD optical drives, as a result of a three-year-old price-fixing complaint. The commission accused 13 companies of colluding to rig bids for at least five years on optical-disk drives sold to PC and server makers, in an antitrust complaint sent three years ago.

Hitachi-LG Data Storage Inc., Toshiba-Samsung Storage Technology Corp. (TSST) and Sony-Optiarc are among the companies that face fines, according to Bloomberg's sources. Royal Philips NV has said it was granted immunity from any fines in the case, which is conditional on continued cooperation with regulators.

Samsung Electronics and Toshiba sold the venture (TSST) to Optis Co. last year.

European Union regulators may issue the penalties before they break off for the summer break at the end of July, bloomberg's report added.

In a similar U.S. investigation, 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.

Tags: TSSTSony Optiarc
Previous Post
Uber Bids for Nokia Maps, NYT Reports
Next Post
ZTE Nubia Z9 Smartphone Unveiled

Related Posts

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

  • TSST Korea Initiates Rehabilitation Proceedings

  • EU Fines Optical Disc Drive Makers €116 million For Cartel

  • HLDS, TSST Face EU Antitrust Fines

  • TSST Sells Its Optical Drive Business To Korean OPTIS

  • Taiwan FTC fines ODD Makers For Cartel

  • Sony Optiarc To Cease Operations

  • Sony Optiarc BWU-500S 12x Blu-ray Disc Burner Available in the U.S.

Latest News

Seagate Introduces Storage Built for Consumer Data Explosion
Enterprise & IT

Seagate Introduces Storage Built for Consumer Data Explosion

Viltrox Introduces AF 35mm F1.2 LAB N FE
Cameras

Viltrox Introduces AF 35mm F1.2 LAB N FE

KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs
Enterprise & IT

KIOXIA introduces new mainstream BG8 series SSDs for PC OEMs

AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor
PC components

AMD Launches Ryzen 9 9950X3D2 Dual Edition Processor

Beelink EX Mate Pro Unveiled
Consumer Electronics

Beelink EX Mate Pro Unveiled

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

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