Philips and Pioneer to Pay $50.5 million and TEAC $5 Million

To settle class action price-fixing conspiracy claims by indirect purchasers of optical disc drives

By Jean Jacques Maleval | April 20, 2017 at 2:59 pm

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$55 Million Settlements OK’d in Tech Conspiracy
Philips and Pioneer will pay $50.5 million and TEAC $5 million to settle class action price-fixing conspiracy claims by indirect purchasers of optical disc drives.