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JFTC Fines Fiber-Optic Cable Cartel $180M

By Elaine Meyer (May 25, 2010, 11:19 AM EDT) -- Japan's antitrust regulator on Tuesday slapped nine companies, including a Hitachi Ltd. unit and a 3M Co. unit, with fines totaling 16 billion yen ($180 million) for forming a cartel that fixed prices on fiber-optic cable parts sold to a unit of Nippon Telegraph and Telephone Corp., Asia's largest telecommunications company....

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