Sunday, April 14, 2024

EU Probes Alleged Optical Drive Cartel

Datamation content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

PCMag: The European Commission  has launched an antitrust investigation of 13 unnamed optical disk drive manufacturers. “The Commission takes the preliminary view that the companies concerned engaged for at least five years in bid rigging, which is one of the most serious breaches of EU antitrust rules,” the commission said in a statement.

The accused companies are invited to respond to the inquiry and may request an oral hearing. If any company is found guilty, it could face fines up to 10 percent of annual worldwide revenue.

Subscribe to Data Insider

Learn the latest news and best practices about data science, big data analytics, artificial intelligence, data security, and more.

Similar articles

Get the Free Newsletter!

Subscribe to Data Insider for top news, trends & analysis

Latest Articles