Hitachi-LG To Pay $21M In Disk Drive Price-Fixing Case

Law360, New York (September 30, 2011, 4:38 PM EDT) -- Hitachi-LG Data Storage Inc. has agreed to pay $21.1 million and plead guilty in California over its role in several conspiracies to squelch competition for optical disk drives sold to Dell Inc., Microsoft Corp. and Hewlett-Packard Co., the U.S. Department of Justice announced Friday.

The plea deal and the 15-count criminal information mark the first charges to come out of the DOJ's ongoing probe of optical disk drive makers, which produce CD, DVD and other drives for use in computers, gaming consoles and other devices....
To view the full article, register now.