EU investigates optical drive cartel

The European Commission, which is the governing body of the European Union, has started an official investigation into the affairs of thirteen optical disc drive makers plus two OEMs. The reason – a quite possible price fixing cartel that’s been there for at least five years.

If true this means one thing only – millions of people around the world got ripped of, maybe even you. According to the EU Commission the companies engaged into price fixing and rigging tenders in order to maintain high prices. What this means is that the cartel has set predetermined prices of their units before bidding even started, to get a guaranteed price that is in their favour.

Optical Drive

The cartel has affected all kinds of computers, including notebooks, desktop machines and servers. If proven the EU Commission can fine the companies up to 10 per cent of their annual revenue. The companies have not been revealed though.


Source: Nordichardware.com

Related posts

Samsung to use Qualcomm chip in Galaxy S4

A few days ago rumors on the Internet suggested the Samsung Exynos 5 Octa chip was too hot to be used in the upcoming Galaxy S4 smartphone. Apparently the rumors have turned into reality - the latest information from Samsung says the Galaxy S4 will not use the Exynos 5 Octa - instead it will...

Panasonic debuts new Micro Four Thirds camera

The Japanese tech company Panasonic has unveiled its latest Micro Four Thirds camera – the Lumix G DMC-G5. Being the successor to the G3 camera, the Lumic DMC-G5 comes with a number of new features. The specs list includes a 16 MP sensor and the capability to record video up to 1920 x 1080 at...

Huawei releases X3 flagship smartphone

Huawei releases X3 flagship smartphone

The Chinese smartphone maker Huawei has released its new X3 flagship smartphone. The device is just 7.6 mm thick and weighs 135 grams. The new Huawei X3 is based on a 28 nm Kirin 920 processor with eight computational cores at 1.8 GHz. The chip is built around the big.LITTLE architecture...

Leave a comment