EU Probes Alleged Optical Drive Cartel

HomeTrends
Datamation Staff
By Datamation Staff

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.

Previous article
Google Acquires Email Client Sparrow
Next article
Apple Blames Rare Earnings Miss on New iPhone Anticipation, Economy

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

Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation’s focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.

Advertisers

Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.

Advertise with Us

Menu

Our Brands

Property of TechnologyAdvice.
© 2023 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.