Sony, Others Fixed Prices On Disk Drives: Suit

Law360, New York (February 25, 2010, 4:59 PM EST) -- A direct purchaser of optical disk drives has lodged a putative class action against Sony Corp., Hitachi Ltd. and other technology giants, saying they colluded to fix prices and used trade organization forums as a guise for meeting to discuss agreements to keep disk drive prices artificially high.

Prisco Electric Co. Inc. filed a 31-page complaint Wednesday in the U.S. District Court for the Northern District of California, naming Sony, Hitachi, LG Electronics Inc., Toshiba Corp., Samsung Electronics Co. Ltd. and various affiliates, joint ventures and...
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