Antitrust & Trade Reg.
Oct. 4, 2011
Hitachi-LG pleads guilty in price-fixing case
The Department of Justice nailed its first defendant in an investigation of price-fixing and bid-rigging in the optical disk drive market by securing a guilty plea from Hitachi-LG Data Storage Inc.
Daily Journal Staff Writer
The Department of Justice nailed its first defendant in a price-fixing and bid-rigging probe of the optical disk drive market, securing a guilty plea from Hitachi-LG Data Storage Inc.
The joint venture between Hitachi Ltd. and LG Electronics Inc. agreed to plead guilty Friday in the Northern District to 14 violations of competition law and one count of wire fraud and to pay a $21.1 million criminal fi...
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