InfoAnda - Hitachi-LG venture to plead guilty to price-fixing |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Bangladesh arrests man in '99 Indian Air hijacking | 2 March 2010
Obama meets Peres as US pushes two-state solution | 6 May 2009
German publisher Burda makes offer for social network Xing | | 26 October 2012

Madonna wrapping up world tour in Israel | 2 September 2009

Forum Views () Forum Replies ()

Read more with google mobile : Hitachi-LG venture to plead guilty to price-fixing |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Green Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia Afghan Journal Africa Journal India Insight Global News Journal Pakistan: Now or Never? World Video Politics Politics Home Front Row Washington Politics Video Technology Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland Felix Salmon Jack Shafer Breakingviews George Chen Bernd Debusmann Gregg Easterbrook Nader Mousavizadeh James Saft John Wasik Christopher Whalen Ian Bremmer Mohamed El-Erian Lawrence Summers The Great Debate Unstructured Finance Newsmaker MuniLand Money Money Home Analyst Research Global Investing MuniLand Reuters Money Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Left Field Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (0) Editor's Choice CIA drone kills U.S.-born al Qaeda cleric in Yemen JPMorgan, BofA sued over mortgage debt losses Analysis: Chinese private equity firms set sail abroad Insight: America's rich losing tussle with taxman Aggressive style of JP Morgan boss may hurt bank cause SEC finds failures at credit-rating agencies Boeing workers busted in drug sweep at plant Amazon's $199 Fire sparks supply, margin questions Video: Cuckoo for Chocolate in China Paul Ingrassia: What GM’s contract victory means Follow Reuters Facebook Twitter RSS YouTube Read Ignore big money campaign to free Knox, prosecutor says | 3:07pm EDT Buffett backs Bank of America, buying more stocks 12:44pm EDT Wasabi alarm, beetle sex win Ig Nobel spoof prizes 1:21pm EDT Bank of America to charge debit card use fee 29 Sep 2011 Wall Street ends worst quarter since 2008 meltdown | 4:36pm EDT Discussed 63 Herman Cain wins Florida Republican straw poll 63 Business group appeals health law to Supreme Court 60 BofA to introduce $5 monthly debit card fee Watched Rihanna's "inappropriate" outfit halts music video Tue, Sep 27 2011 Italy's Mount Etna erupts Thu, Sep 29 2011 Japan airline apologises for plane flop 4:15am EDT Hitachi-LG venture to plead guilty to price-fixing Tweet Share this Email Print Related News UPDATE 7-Amazon ignites tablet war with Fire, takes on Apple Wed, Sep 28 2011 UPDATE 3-Obama's healthcare law appealed to Supreme Court Wed, Sep 28 2011 Special report: Nevada's big bet on secrecy Mon, Sep 26 2011 UPDATE 2-US judge sets Feb. 13 date for AT&T antitrust trial Wed, Sep 21 2011 SAP subsidiary pleads guilty in Oracle case Wed, Sep 14 2011 Analysis & Opinion The cure for higher ATM fees is competition French court hands down first “burqa ban” fines Related Topics Technology » Hot Stocks » Asian Markets » Fri Sep 30, 2011 4:49pm EDT (Reuters) - A joint venture of Hitachi Ltd and LG Electronics Inc has agreed to plead guilty and pay a $21.1 million fine for bid-rigging and price-fixing in the sale of optical disk drives, the Justice Department said on Friday. Hitachi-LG Data Storage Inc was accused of conspiracy and wire fraud in a 15-count criminal information filed in federal court in California, the first charges to emerge from a long-running U.S. probe. Nearly two years ago, major companies including Sony, Hitachi and Toshiba disclosed that they had received subpoenas from the Justice Department related to the probe of sales of disk drives, such as CD, DVD and Blu-ray players. "The bid-rigging and price-fixing conspiracies involving optical disk drives undermined competition and innovation in the high tech industry," said Sharis Pozen, acting head of the Justice Department's antitrust division. Under a plea agreement, which is subject to court approval, Hitachi-LG Data Storage Inc agreed to assist with the ongoing investigation. Hitachi spokesman Masayuki Takeuchi said the joint venture "will work diligently to improve the company's compliance procedures in order to prevent other incidents of this nature." A representative for LG did not immediately respond to a request for comment. The joint venture was accused of conspiring with others to eliminate competition or fix prices for drives sold to computer giants Dell, Microsoft and Hewlett Packard dating back to 2004. The venture was also charged with participating in a scheme to defraud HP during one procurement event in 2009. The case is: USA v. Hitachi-LG Data Storage Inc, No. 11-cr-724 in U.S. District Court for the Northern District of California. (Reporting by Jeremy Pelofsky in Washington and Dan Levine in San Francisco; editing by John Wallace and Matthew Lewis) Technology Hot Stocks Asian Markets Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 1 October 2011
U.S. reassures Pakistan amid anti-American protests |
Exclusive: Cuban government set for broad reorganization |
U.N. condemns medic verdicts in restive Bahrain |
Sri Lanka releases hundreds of Tiger fighters |
Panel holds first meeting on Palestinian U.N. bid |
Amazon tablet costs $209.63 to make, IHS estimates |
Twitter tells scientists how the world feels |
Hitachi-LG venture to plead guilty to price-fixing |
AT&T seeks Sprint, Cellular South cases dismissed |
Cancer comedy 50/50 hits home for Anjelica Huston |
Art auction will benefit Elton John's AIDS charity |
CIA drone kills U.S.-born al Qaeda cleric in Yemen |
Pakistani Punjab governor killer sentenced to death |
No. 16 South Florida’s perfect mark dashed; Pitt routs Bulls
No. 1 LSU tackles Kentucky in Week 5; No. 2 Sooners seek to regain top spot
Vegas stampede: Na, Wi, Vegas lead storm of contenders at Shriners Open
Red-hot Rays rip Rangers in ALDS opener for 1-0 lead
Ankle sprain makes Jets lineman Nick Mangold iffy for Ravens tilt
Ignore big money campaign to free Knox, prosecutor says |
Scheduling woes could end Italian team's bid for Kobe
Sinking ship costs skipper: Terry Francona out as Red Sox manager
Ohio State back Jaamal Berry treated, released from hospital after alleged assault
Supreme Court to Decide State’s Rights in Medicaid Reimbursements
Cowboys quarterback Tony Romo utilizing painkiller injections
Alibaba's Ma: very interested in buying Yahoo |
Judge issues gag order in Jackson death trial |
A look behind the making of Terra Nova dinosaurs |
Analysis: Fox wounded, but not because of News Corp crisis |
NATO captures senior Haqqani commander in Afghanistan |
Red Cross inside Sirte as bombardment continues |
Kabul hands Pakistan evidence on peace envoy killing |
Syrian army in control of most of rebel town: activist |
Meredith ignored in media fog around Amanda Knox |
Kenya coastguard in French hostage standoff |
Egypt police clear Tahrir Square of protesters |
Iran totally rejects Palestine U.N. statehood bid |
Government simulates cyber attack for training |
Egypt police clear Tahrir Square of protesters |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01