Breaking News

ASUS Unveils ProArt PA401, PA602 Wood Edition PC Cases with Retro Colors Synology Releases DiskStation Manager 7.3 Shuttle Introduces DH810 Compact Mini PC with Intel Core Ultra Processors Elgato Debuts Supersized Prompter XL for Studio Use Thermaltake Launches AW360/420 AIO Liquid Cooler and WAir CPU Cooler for Workstations

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

ASUS Unveils ProArt PA401, PA602 Wood Edition PC Cases with Retro Colors
Cooling Systems

ASUS Unveils ProArt PA401, PA602 Wood Edition PC Cases with Retro Colors

Synology Releases DiskStation Manager 7.3
Enterprise & IT

Synology Releases DiskStation Manager 7.3

Shuttle Introduces DH810 Compact Mini PC with Intel Core Ultra Processors
Enterprise & IT

Shuttle Introduces DH810 Compact Mini PC with Intel Core Ultra Processors

Elgato Debuts Supersized Prompter XL for Studio Use
Consumer Electronics

Elgato Debuts Supersized Prompter XL for Studio Use

Thermaltake Launches AW360/420 AIO Liquid Cooler and WAir CPU Cooler for Workstations
Cooling Systems

Thermaltake Launches AW360/420 AIO Liquid Cooler and WAir CPU Cooler for Workstations

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

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

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