Feeds

EC probes 13 resellers over global optical disc drive CARTEL

Fingered for bid-rigging

High performance access to file storage

Thirteen optical disc drive resellers are being investigated by the EU on its suspicions that the firms may have broken antitrust laws and artificially suppressed the price they paid for the drives.

The resellers are suspected of acting as a worldwide cartel for at least five years, the European Commission said, laying out its case that the resellers had been "bid-rigging" - collaborating with each other to control the prices of the drives they bought in from the two main drive manufacturers.

Bid-rigging occurs when bidders collude on their offers for a certain contract so that a pre-arranged company will win.

The Commission said that bid-rigging is one of the most serious breaches of antitrust rules. If found guilty, each company will be liable for a fine amounting to 10 per cent of its annual turnover.

Optical drives are used to read and write CDs, DVDs and Blu-Ray discs in laptops, desktops and servers. Reducing competition in the supply chain can drive up end prices for customers.

The 13 resellers fingered in the investigation have been notified and been given time to present the Commission with a defence. ®

High performance access to file storage

More from The Register

next story
Seagate brings out 6TB HDD, did not need NO STEENKIN' SHINGLES
Or helium filling either, according to reports
European Court of Justice rips up Data Retention Directive
Rules 'interfering' measure to be 'invalid'
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.