Tuesday, October 27, 2015

EU Fines Optical Disc Drive Makers €116 million For Cartel

The European Commission has fined eight optical disc drive suppliers a total of €116 million for having coordinated their behaviour in relation to procurement tenders organised by two computer manufacturers, in breach of EU antitrust rules.

The anticompetitive conduct subject to fines concerns agreements to collude in procurement tenders for CDs, DVDs or Blu-ray drives for laptops and desktops produced by Dell and Hewlett Packard (HP).

Philips, Lite-On, their joint venture Philips & Lite-On Digital Solutions, Hitachi-LG Data Storage, Toshiba Samsung Storage Technology, Sony, Sony Optiarc and Quanta Storage Eight were engaged in the illegal practices according to the European Comission.

Philips, Lite-On and their joint venture Philips & Lite-On Digital Solutions received full immunity from fines as they were the first to reveal the existence of the cartel.

Fine before adjustment (€)Fine (€)
Philips
10,461,000
0
Lite-On
31,366,000
0
Philips,&,Lite-On Digital Solutions
22,037,000
0
Hitachi-LG Data,Storage
74,243,000
37,121,000
Toshiba Samsung Storage Technology
73,833,000
41,304,000
Sony
18,062,000
21,024,000
Sony Optiarc
10,085,000
9,782,000
Quanta Storage
7,146,000
7,146,000

No comments:

Post a Comment