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EU fines videotape manufacturers for alleged cartel

21 Nov 2007 09:49

Sony, Fuji and Maxell pay €74.8m

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What's with all this 'alleged' business? 

By Alex
Posted Wednesday 21st November 2007 10:33 GMT

If they got fined by the Commision, surely this was because, in the eyes of the Commision, they engaged in cartel behaviour. Not because they were alleged to have engaged in cartel behaviour.

IAKAL but during an ongoing investigation or court case wouldn't you throw in the word at every opportunity to prevent prejudice (not to mention arrest for contempt of court)? Since they've been fined, the investigation has concluded; couldn't you call them mad, scheming b*st*rds if you so wish?

Makes it sound like you have reason to doubt the Commision's conclusion...

Videotape? 

By Anonymous Coward
Posted Wednesday 21st November 2007 10:42 GMT
Black Helicopters

what is this witchcraft you speak of?

How long... 

By Tim
Posted Wednesday 21st November 2007 10:47 GMT

Before the same investigation into Blu-Ray cartels ;-)

I laugh.. 

By Jim Booth
Posted Wednesday 21st November 2007 12:16 GMT
Black Helicopters

"This decision sends two warnings to companies engaging in cartel activities: first, the commission can prosecute cartels effectively... and second, obstructing a commission anti-trust investigation leads to severe penalties."

OPEC anyone?

Sounds like... 

By Rob
Posted Wednesday 21st November 2007 13:12 GMT
Go

... the EU was running short of cash and needed to make a quick euro.

Does the broadcast industry care seeing as most production is now going tapeless (if it isn't already).

$ony 

By b166er
Posted Wednesday 21st November 2007 15:54 GMT

Yet another example of the fact that Sony are a bunch of conniving over-rated villains, beings as they were fingered as the main culprit.

Why do people continue to buy Sony? Because they look nice?

@Rob, I think it's great that the EU are sending a strong message that it's not OK to rip people off, perhaps they can address the record industry next. Would you teach your children that it is OK to lie through their teeth for a few bucks?

IAKAL 

By Anonymous Coward
Posted Wednesday 21st November 2007 16:53 GMT
Joke

"I Am Kicking A Lawyer"?

I like the new abbreviation :)

@Rob 

By Joe
Posted Thursday 22nd November 2007 00:01 GMT

Tape is still big, you know! And it certainly was back then. Should we turn a blind eye to this because tape isn't fashionable?

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