A PYMNTS Company

EU: Hitachi, Panasonic to face price-fixing probe

 |  May 21, 2015

Bloomberg reported that Hitachi and Panasonic are among companies poised to get a European Union antitrust complaint. The complaints are over possible price-fixing of power-storage components used in almost all electrical products from smartphones to refrigerators.

Regulators may send a statement of objections to several makers of capacitors before the end of July, said three people, who asked not to be named because the case isn’t public according to the report.

 

Full content: Bloomberg

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.