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Hitachi-LG Storage accused of price fixing, again, this time in Florida court

Attorney General Pam Bondi of Florida filed suit against Hitachi LG, claiming price fixing is rampant

| Business, Financial & Legal News | Posted: May 1, 2013 6:01 pm

It seems the legal woes aren't over for Hitachi-LG Storage.

 

TweakTown image news/3/0/30086_01_hitachi_lg_storage_accused_of_price_fixing_again_this_time_in_florida_court.jpg

 

After shelling out $21.1 Million in criminal fines and subsequently pleading guilty to bid-rigging and price fixing of optical disk drives in September 2011, a suit brought on by the Department of Justice, Attorney General Pam Bondi of Florida is suing Hitachi-LG for price fixing once again saying:

 

Price-fixing hurts healthy business competition and costs Florida's businesses, consumers, and governmental agencies by requiring them to pay higher prices for products," stated attorney general Pam Bondi. "My office is committed to protecting Floridians, and we will work to obtain relief for those affected by this alleged price-fixing scheme.

 

Company's such as BenQ, Lite-ON, Sony, Samsung and Quanta are also named as conspirators in this forth coming suit. More to follow as it develops.

NEWS SOURCES:Storagenewsletter.com

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