Monday, July 28, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Bose Says Beats Electronics Infringe its Patents
IBM Talks With Globalfoundries Stall Over Price: report
Verizon to Throttle "Unlimited" Data Users
Tablet Market Grows in Second Quarter
The Pirate Bay Goes Mobile
ASUS Announces Strix DSP, Strix Claw, Strix Tactic Pro and Strix Glide Series
China Telecom to Offer The Xbox One System
Thermaltake Debuts the Water 3.0 Ultimate All-In-One Liquid
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Optical Storage > Taiwan ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, October 29, 2009
Taiwan FTC Penalizes Philips, Sony and Taiyo Yuden Over Forming CD-R Monopoly


The Taiwan Fair Trade Commission yesterday announced that it has imposed monetary penalties on Philips, Sony and Taiyo Yuden for violating fair trade rules and monopolizing the recordable media market.

Philips was fined NT$3.5 million by the commission, while Sony received a fine of NT$1 million and Japan?s Taiyo Yuden was fined NT$500,000, the FTC said in a statement.

The story began in 2001 when the FTC found that the companies had violated fair trade rules and formed a monopoly. The lawsuit dragged on for years and the commission announced the penalties yesterday after a judgment by the High Court.

FTC said that the Philips had rejected an FTC request to change the method of calulating the roylaty fees, during the 1988-1990 period. At that time, with the demand for CD-R manufacturing output to be very high, the Taiwanese manufacturers of CD-R had requested to lower royalties on CD-R technology, the FTC said.

The companies had been authorized to negotiate for the CD-R technology licensing agreements but had failed to fully disclose information such as the expiry date of royalties and the use of technology and related content, the commission said.


Previous
Next
Ubuntu 9.10 Desktop Edition Released        All News        Google Adds GPS Navigation for Android Mobiles
Roxio is Windows 7 - Ready     Optical Storage News      Moser Baer Launches Print Max BD-R Discs For Primera Printers

Get RSS feed Easy Print E-Mail this Message

Related News
Philips to Create New Lumileds and Automotive Lighting Businesses Company
Philips and Salesforce.com To Deliver Cloud-based Healthcare Information Technology
EU To Fine Philips, Infineon And Samsung
Philips to Sell WOOX Innovations to Gibson
Philips Announces Its 2014 TV Lineup
MWC: Philips and Ericsson Unite On Smart Street Lighting
Philips Lighting System Guides You Through The Supermarket
Philips to transfer Remaining Stake in TV Joint Venture to TPV
Philips At CES 2014
Philips Celebrates 100 Years of Research
EU Raids Samung, Philips In Antitrust Probe
Funai Sues Philips For Breach of Contract

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .