Optical Disk Drive $37 Million Antitrust Settlement Gets Final Approval

blue CD, DVD, Blue Ray stack

U.S. District Judge Richard Seeborg of the Northern District of California has granted final approval to a settlement in litigation over the pricing of of optical disk drives sold to retailers and other business entities. Attorneys for direct purchasers in multiple coordinated lawsuits alleged that defendant electronics companies (including Sony, Samsung, Pioneer, TEAC and others) conspired to set and fix prices from 2004 through 2009 for the electronics components, used to read and write data on DVDs, Blu-rays, and CDs. [Read more…]