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Violation Tracker Individual Record

Company: Hitachi-LG Data Storage Inc.
Current Parent Company: Hitachi
Penalty: $73,000,000
Year: 2016
Date: December 20, 2016
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Hitachi-LG Data Storage Inc., a joint venture majority owned by Hitachi, agreed to pay $73 million to indirect purchasers to settle its role in litigation concerning a conspiracy to fix the prices of optical disks.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:10md2143
Case Name: In re: Optical Disk Drive Products Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.