CANADIAN OPTICAL DISK DRIVE (ODD) ANTITRUST SETTLEMENT
What is This Settlement About?
The Optical Disc Drives class action alleges that the defendants unlawfully conspired to fix, increase, and/or maintain the price of Optical Disc Drives sold in North America and elsewhere between January 1, 2000 and December 31, 2010.
Settlements have been reached with the following defendants totaling over $9 million:
- TEAC Corporation, TEAC America, Inc. and TEAC Canada, Ltd. (“TEAC”);
- NEC Corporation and NEC Canada, Inc. (“NEC”); and
- Hitachi-LG Data Storage, Inc. and Hitachi-LG Data Storage Korea, Inc. (“HLDS”). This settlement also releases the defendants, Hitachi, Ltd., Hitachi Canada, Ltd., Hitachi America Ltd., LG Electronics Inc., LG Electronics Canada, Inc., and LG Electronics USA, Inc.
What are ODD products?
ODD refers to a DVD-RW, DVD-ROM, or COMBO drive manufactured by one or more Defendants or their co conspirators.
Who is Eligible for the Settlement?
You are affected by the class action and are a “member” of the class if you are a person in Canada who between January 1, 2000 and December 31, 2010 purchased Optical Disc Drives and/or products containing Optical Disc Drives. Optical Disc Drives are used in consumer products such as desktop computers, mobile/laptop computers, video game consoles, CD players/recorders, DVD players/recorders and Blu-Ray disc players/recorders.