European General Court Dismissed Appeals from Sony for Fixing Prices of Optical Disk Drives

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Fines Upheld for Inflated Prices on Computer Hardware
The European General Court dismissed appeals Friday from Sony and other computer-equipment companies that were fined for fixing the prices of optical disk drives. Of the cartel members, Toshiba Samsung faced the biggest fine, €41.3 million, followed by Hitachi-LG at €37.1 million, and then Sony Corp. and Sony Electronics at €21 million. The companies Sony Optiarc and Quanta Storage were hit with fines as well of €9.7 million and €7.1 million, respectively.