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

Discussion in 'News' started by btarunr, Jul 25, 2012.

  1. btarunr

    btarunr Editor & Senior Moderator Staff Member

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    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.

    [​IMG]

    Source: Maximum PC
     
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  2. Crap Daddy

    Crap Daddy

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    Why am I not surprised?
     
  3. LAN_deRf_HA

    LAN_deRf_HA

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    Is this just for bluray drives or are dvd burners about to hit $10?
     
    theJesus and Sasqui say thanks.
  4. imitation

    imitation New Member

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    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.
     
  5. Bo$$

    Bo$$ Lab Extraordinaire

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    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!!
     
  6. puma99dk|

    puma99dk|

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

    qubit Overclocked quantum bit

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

    hardcore_gamer

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    Why are they not going after HDD makers ?
     
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  9. FordGT90Concept

    FordGT90Concept "I go fast!1!11!1!"

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    The EU is sniffing out someone else to extort because, apparently, the Intel and Microsoft money ran out.
     
    Crunching for Team TPU
  10. Bo$$

    Bo$$ Lab Extraordinaire

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    Investigative fixing :D

    Intels new investment :p
     
  11. DigitalUK

    DigitalUK New Member

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    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.
     
  12. TheMailMan78

    TheMailMan78 Big Member

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    Wow the EU must be really broke.
     
  13. largon

    largon

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    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
     
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  14. adrianx New Member

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    kill that MFK that fix the price...
     
  15. Sasqui

    Sasqui

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    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.
     
  16. TheMailMan78

    TheMailMan78 Big Member

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

    largon

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

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

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

    Melvis

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    interesting, not that i care as there cheap enough as it is, and will fade out anyway, so meh
     
  21. pantherx12

    pantherx12 New Member

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

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

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