Indirect

Judge Approves $125 Million Disk Drive Antitrust Settlement

Four electronics giants will pay $124.5 million in an antitrust class action to indirect purchasers of optical disk drives, in a settlement approved Monday by a federal judge. Hitachi-LG Data Storage will pay $73 million; Sony will pay $28.5 million; Panasonic $16.5 million; and NEC $6.5 million. U.S. District Judge Richard Seeborg’s final approval on Monday …


Judge Won’t Sign Off on Sony Price-Fixing Deal

A federal judge Tuesday refused to approve Sony’s proposed $19.5 million settlement of an antitrust class action accusing it of conspiring to fix prices of lithium ion batteries. U.S. District Judge Yvonne Gonzalez Rogers said at a Tuesday hearing for indirect purchasers of the batteries that she was frustrated that the fairness hearing had been set before she could …