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Monday, March 8, 2010

Sony, Toshiba, Samsung CD-ROM suspected of manipulating the market price

Household appliances retailer on Wednesday (February 24) on the Sony VGP-BPS9, Samsung NC20 battery, Toshiba Satellite A300 battery, Lg F1 battery and a number of subsidiaries made a joint lawsuit, alleging they manipulated the U.S. electronics manufacturers to drive market prices.

The lawsuit also charged that the drive manufacturers use trade organizations and discussion forums to some agreements, man-made control of CD, DVD and Blu-ray drive in the Sony PS3 and PC and other products to maintain a very high price.

The lawsuit said that when the drive began to decline when the price of that the defendants reached an agreement to prevent competitors from entering the illegal market and the prices are kept in the ultra-competitive level.

Prisco Electric to the District Court of Northern California, submitted a 31-page complaint. The suit alleges that these companies attempt to conspire to manipulate, improve, maintain and stabilize the price of drives sold in the U.S.. These companies control billions of dollars in CD-ROM market share of 90%. The defendant has a long history of engaging in anti-competitive products, such as DRAM memory, TFT-LCD display and CRT tubes and so on.

Prisco Electric did not specify the amount of compensation it requires. However, there are reports that it requires to be three times the damages and asked the court to issue an injunction to prohibit these companies in the future price-fixing activities.

Samsung Electronics has received U.S. Department of Justice's subpoena. Samsung Electronics indicated that it had manipulated the prices of things that drive is not available for comment. Is not linked to the Hitachi and Toshiba officials to comment on this news Toshiba Equium A200 battery. According to "The Wall Street Journal" reported last fall, Hitachi and Toshiba have also received information on the investigation of price fixing drive the summons.

U.S. Department of Justice in October last year, began to drive the market to investigate anti-competitive products. Sony Optiarc America to the U.S. Department of Justice issued a subpoena. Sony VGP-BPS8 said it would meet the Ministry of Justice and other agencies investigated. According to reports, this survey not only to Sony, but also other electronic manufacturers.

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