CD, DVD Drive Makers Said to Face Possible Antitrust
In European Union
By Jean Jacques Maleval | May 13, 2015 at 2:48 pmTo read this article from Bloomberg, click on:
CD, DVD Drive Makers Said to Face Possible EU Antitrust Fines
Makers of CD and DVD drives targeted in a three-year-old European Union price-fixing complaint may face fines within the next few months, three people familiar with the investigation said. The EU’s 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 Inc., Hewlett-Packard Co. and Microsoft Corp.