Tuesday, October 27, 2009

Sony, Toshiba, Hitachi face U.S. antitrust probe

TOKYO (AP) — Japanese electronics giants Sony, Toshiba and Hitachi said Tuesday that their optical disc drive operations are under investigation by U.S. authorities for possible antitrust violations.
Sony (SNE) said its California-based sales unit Sony Optiarc America has received a subpoena from the U.S. Department of Justice seeking information for an antitrust probe related to the company's optical disc drive operations.
Company spokesman Chisato Kitsukawa said the company is "fully cooperating with U.S. authorities," and that he could not provide any other details about the case.
Toshiba and Hitachi (HIT) said they also received similar subpoenas for optical disc drive operations at their subsidiaries, Toshiba Samsung Storage Technology and Hitachi-LG Data Storage They also declined further comment.

See link for full story: http://www.usatoday.com/money/companies/regulation/2009-10-27-sony--antitrust_N.htm

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