The European Commission has fined an eight-member cartel €116 million for colluding on tenders to supply optical drives to Dell and Hewlett-Packard.
Buyers of Dell and Hewlett-Packard PCs may have paid over the odds for their optical drives as a result of a cartel arrangement between eight component manufacturers.
The European Commission fined the eight cartel members a total of €116 million (US$132 million) for colluding between 2004 and 2008 to fix the prices of bids to supply optical drives to Dell and HP.
Full content: New Europe
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