CD, DVD Drive Makers Said to Face EU Antitrust Fines Wednesday
- Companies accused of rigging bids for at least five years
- Hitachi-LG venture paid fines in similar U.S. investigation
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Makers of CD and DVD drives in a three-year-old European Union price-fixing complaint may face fines as soon as Wednesday, according to two people familiar with the investigation.
Some recipients of a formal EU complaint in 2012 are set to be fined, said the people who asked not to be identified because the decision isn’t public. Thirteen companies were sent the so-called statement of objections three years ago including Hitachi-LG Data Storage Inc. and Toshiba-Samsung Storage Technology Corp.