European Commission Goes After 13 Optical Drive Makers for Price-Fixing

btarunr · Jul 25, 2012, 08:25 AM

Optical disc drives are components buyers are least bothered about, when purchasing parts to build a PC, or replace a broken one. The EU's regulators have found something fishy even with companies making these roughly-20€ PC components. According to the European Commission (EC), 13 optical disc drive vendors may have conspired to fix prices of their products on a global scale, and that affects European consumers, as well.

The EC is investigating 13 drive suppliers, and 2 major PC OEMs (pre-built PC vendors), for conducting and participating in what is known as bid rigging scheme, a serious antitrust violation. In bid rigging schemes, the bidders and contractees conspire to rig their prices so that a particular supplier wins the bid. Penalties for such a violation include 10% of worldwide turnover set as fines.

Source: Maximum PC

Crap Daddy · Jul 25, 2012, 08:35 AM

Why am I not surprised?

LAN_deRf_HA · Jul 25, 2012, 08:53 AM

Is this just for bluray drives or are dvd burners about to hit $10?

imitation · Jul 25, 2012, 08:53 AM

Did y'all know that, at least in Germany, 10.68€ of those 20€ are fees that the "VG Bild" gets? So after taxes and reseller profits, the actual (import) price of the drive is more like 5€ - i don't think that that even qualifies for price fixing accusations.

Bo$$ · Jul 25, 2012, 09:17 AM

it's nice how we as customers get ripped off with price fixing scams but the government will take and keep the fines.... Fucking awesome idea not like they got raped.

I want MY share of the 10% turnover fines!!

puma99dk| · Jul 25, 2012, 09:29 AM

i hope justice will be made and we will get cheaper Blu-Ray drives across the world ^^

qubit · Jul 25, 2012, 09:39 AM

I don't see how a group of large and powerful companies could come together to fix prices?

hardcore_gamer · Jul 25, 2012, 09:47 AM

Why are they not going after HDD makers ?

FordGT90Concept · Jul 25, 2012, 10:17 AM

The EU is sniffing out someone else to extort because, apparently, the Intel and Microsoft money ran out.

Bo$$ · Jul 25, 2012, 10:26 AM

Quote:

Originally Posted by FordGT90Concept

The EU is sniffing out someone else to extort because, apparently, the Intel and Microsoft money ran out.

Investigative fixing

Intels new investment :P

DigitalUK · Jul 25, 2012, 12:25 PM

ive always thought optical drives are very reasonable except blu ray which doesnt seem to move much (sony owns patient), im sure the harddrive manufacurers will soon follow next.

TheMailMan78 · Jul 25, 2012, 12:35 PM

Wow the EU must be really broke.

largon · Jul 25, 2012, 12:53 PM

To the trolls:
Nah, the EU is doing just fine. Except for those few select corrupt southern parts, we others for some reason are obliged to uphold.
Now let's all thank US' beloved & oh so unregulated* economy for this economical crisis.
->
Thankyouverymuch!

*regulation is a good thing, you know

adrianx · Jul 25, 2012, 01:06 PM

kill that MFK that fix the price...

Sasqui · Jul 25, 2012, 01:15 PM

Quote:

Originally Posted by LAN_deRf_HA

Is this just for bluray drives or are dvd burners about to hit $10?

DVD burners are rediculously cheap as it is, last ones I bought were less than $20 each.

Suspect it's Poo-Ray, and I'm sure Sony has a hand in it too.

TheMailMan78 · Jul 25, 2012, 01:35 PM

Quote:

Originally Posted by largon

To the trolls:
Nah, the EU is doing just fine. Except for those few select corrupt southern parts, we others for some reason are obliged to uphold.
Now let's all thank US' beloved & oh so unregulated* economy for this economical crisis.
->
Thankyouverymuch!

*regulation is a good thing, you know

lol Our housing market collapsed your economy? Sound pretty weak to me if a foreclosed condo can cripple an international economy.

largon · Jul 25, 2012, 01:56 PM

Time for you to start reading about the matter (and possibly stop watching FOX News.)

reverze · Jul 25, 2012, 02:29 PM

perfect, more money to spend on wellfare. We need to find more targets.

ironwolf · Jul 25, 2012, 09:00 PM

Wow, any major sector of the IT industry that has *not* gotten their nutz in a vice by someone over price-fixing?

Melvis · Jul 25, 2012, 09:29 PM

interesting, not that i care as there cheap enough as it is, and will fade out anyway, so meh

pantherx12 · Jul 25, 2012, 09:33 PM

Is this why a basic one has been £15 for like ... well 5 years or something now?

Teiji · Jul 26, 2012, 03:02 PM

Pretty sure Blu-ray are consider optical drives too. So we might see cheaper Blu-ray drives soon! Wooooooo

Jul 25, 2012, 08:25 AM	#1
btarunr Editor & Senior Moderator Join Date: Oct 2007 Location: Hyderabad, India Posts: 14,982 (7.31/day) Thanks: 788 Thanked 12,896 Times in 5,648 Posts System Specs	European Commission Goes After 13 Optical Drive Makers for Price-Fixing Optical disc drives are components buyers are least bothered about, when purchasing parts to build a PC, or replace a broken one. The EU's regulators have found something fishy even with companies making these roughly-20€ PC components. According to the European Commission (EC), 13 optical disc drive vendors may have conspired to fix prices of their products on a global scale, and that affects European consumers, as well. The EC is investigating 13 drive suppliers, and 2 major PC OEMs (pre-built PC vendors), for conducting and participating in what is known as bid rigging scheme, a serious antitrust violation. In bid rigging schemes, the bidders and contractees conspire to rig their prices so that a particular supplier wins the bid. Penalties for such a violation include 10% of worldwide turnover set as fines. Source: Maximum PC

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Jul 25, 2012, 08:35 AM	#2
Crap Daddy Join Date: Oct 2010 Posts: 2,284 (2.44/day) Thanks: 941 Thanked 963 Times in 671 Posts System Specs	Why am I not surprised?

Jul 25, 2012, 08:53 AM	#3
LAN_deRf_HA Join Date: Apr 2008 Posts: 4,015 (2.14/day) Thanks: 290 Thanked 830 Times in 587 Posts System Specs	Is this just for bluray drives or are dvd burners about to hit $10?

Jul 25, 2012, 08:53 AM	#4
imitation Join Date: Jun 2011 Posts: 125 (0.17/day) Thanks: 15 Thanked 21 Times in 17 Posts System Specs	Did y'all know that, at least in Germany, 10.68€ of those 20€ are fees that the "VG Bild" gets? So after taxes and reseller profits, the actual (import) price of the drive is more like 5€ - i don't think that that even qualifies for price fixing accusations.

Jul 25, 2012, 09:17 AM	#5
Bo$$ Join Date: May 2009 Location: London, UK Posts: 3,670 (2.49/day) Thanks: 444 Thanked 770 Times in 679 Posts System Specs	it's nice how we as customers get ripped off with price fixing scams but the government will take and keep the fines.... Fucking awesome idea not like they got raped. I want MY share of the 10% turnover fines!! __________________ Live in the UK? Join the UK TPU Group! Caution! This is Sparta! Im Looking For... Im Selling

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Jul 25, 2012, 09:29 AM	#6
puma99dk\| Join Date: Aug 2005 Location: Denmark WTF xD Posts: 2,062 (0.73/day) Thanks: 236 Thanked 452 Times in 318 Posts System Specs	i hope justice will be made and we will get cheaper Blu-Ray drives across the world ^^ __________________ i5-2500k @ 4785mhz \| ECS P67H2-A

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Jul 25, 2012, 09:39 AM	#7
qubit Overclocked quantum bit Join Date: Dec 2007 Location: Quantumville UK Posts: 8,643 (4.34/day) Thanks: 4,171 Thanked 3,301 Times in 1,941 Posts System Specs	I don't see how a group of large and powerful companies could come together to fix prices? __________________ Siggie in the post.

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Jul 25, 2012, 09:47 AM	#8
hardcore_gamer Join Date: Jan 2011 Location: Fabry Perot cavity,AlGaAs-GaAs Heterojunction Posts: 279 (0.33/day) Thanks: 96 Thanked 119 Times in 58 Posts System Specs	Why are they not going after HDD makers ?

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Jul 25, 2012, 10:17 AM	#9
FordGT90Concept "I go fast!1!11!1!" Join Date: Oct 2008 Location: IA, USA Posts: 10,573 (6.29/day) Thanks: 1,752 Thanked 2,596 Times in 1,960 Posts System Specs	The EU is sniffing out someone else to extort because, apparently, the Intel and Microsoft money ran out. __________________ Golden Rule of Programming: Never assume. try { SteamDownload(); } catch (Steamception ex) { RageQuit(); }

Jul 25, 2012, 12:25 PM	#11
DigitalUK Join Date: Oct 2009 Location: UK South Posts: 489 (0.37/day) Thanks: 49 Thanked 66 Times in 57 Posts System Specs	ive always thought optical drives are very reasonable except blu ray which doesnt seem to move much (sony owns patient), im sure the harddrive manufacurers will soon follow next.

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Jul 25, 2012, 12:35 PM	#12
TheMailMan78 Banstick Dummy Join Date: Jun 2007 Location: Crystal River, FL Posts: 15,109 (6.93/day) Thanks: 1,337 Thanked 6,829 Times in 3,739 Posts System Specs	Wow the EU must be really broke.

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Jul 25, 2012, 12:53 PM	#13
largon Join Date: May 2005 Location: Tre, Suomi Finland Posts: 2,696 (0.92/day) Thanks: 1 Thanked 437 Times in 335 Posts System Specs	To the trolls: Nah, the EU is doing just fine. Except for those few select corrupt southern parts, we others for some reason are obliged to uphold. Now let's all thank US' beloved & oh so unregulated* economy for this economical crisis. -> Thankyouverymuch! regulation is a good thing, you know __________________ You were not* supposed to see this. ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ Suum cuique pulchrum est.

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Jul 25, 2012, 01:06 PM	#14
adrianx Join Date: Jan 2008 Location: Bucharest ROMANIA Posts: 321 (0.16/day) Thanks: 2 Thanked 25 Times in 20 Posts System Specs	kill that MFK that fix the price... __________________ http://hitechcoffee.blogspot.com/

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Jul 25, 2012, 01:56 PM	#17
largon Join Date: May 2005 Location: Tre, Suomi Finland Posts: 2,696 (0.92/day) Thanks: 1 Thanked 437 Times in 335 Posts System Specs	Time for you to start reading about the matter (and possibly stop watching FOX News.) __________________ You were not supposed to see this. ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ Suum cuique pulchrum est.

Jul 25, 2012, 02:29 PM	#18
reverze Join Date: Dec 2007 Posts: 1,271 (0.64/day) Thanks: 86 Thanked 132 Times in 102 Posts System Specs	perfect, more money to spend on wellfare. We need to find more targets.

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Jul 25, 2012, 09:00 PM	#19
ironwolf Join Date: Apr 2011 Location: Pensacola, FL, USA, Earth Posts: 214 (0.28/day) Thanks: 0 Thanked 26 Times in 18 Posts	Wow, any major sector of the IT industry that has not gotten their nutz in a vice by someone over price-fixing?

Jul 25, 2012, 09:29 PM	#20
Melvis Join Date: Mar 2008 Location: Australia Posts: 2,929 (1.55/day) Thanks: 602 Thanked 459 Times in 381 Posts System Specs	interesting, not that i care as there cheap enough as it is, and will fade out anyway, so meh

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Jul 25, 2012, 09:33 PM	#21
pantherx12 Eligible for custom title Join Date: Jan 2009 Location: ENGLAND-LAND-LAND Posts: 8,443 (5.28/day) Thanks: 1,188 Thanked 1,705 Times in 1,375 Posts System Specs	Is this why a basic one has been £15 for like ... well 5 years or something now?

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Jul 26, 2012, 03:02 PM	#22
Teiji Join Date: Apr 2012 Posts: 16 (0.04/day) Thanks: 9 Thanked 0 Times in 0 Posts	Pretty sure Blu-ray are consider optical drives too. So we might see cheaper Blu-ray drives soon! Wooooooo

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