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Sunday, 1 November 2009

Big three Japanese electronics makers probed

The US Department of Justice (DoJ) has subpoenaed Japanese technology giants Sony, Hitachi, and Toshiba in an investigation into potential anti-trust violations in the optical disk drive business.

Officials from the three firms said they had received the subpoenas seeking information about each of their company’s optical disk drive business in the US, according to the reports which appeared in the Wall Street Journal.

The DoJ has yet to make public the details of the subpoenas sent to the three companies, but the report quoted a source close to the department as saying that it concerned a criminal anti-trust probe in the market for optical disk drives. The department was investigating whether price-fixing, bid-rigging, and allocation of markets had occurred.

Sony has said that it believes that the DoJ is conducting an investigation on competition in the optical disk drive market, which include products such as DVD and Blu-ray drives used by consumers to view home movies. Sony has declined to comment on the precise nature or the scope of the DoJ’s inquiry.

Neither Hitachi nor Toshiba has disclosed the contents of the subpoena. All three companies have said their US business units will cooperate fully with the inquiry. The DoJ has declined to comment.

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