Hitachi: Optical Disk Joint Venture Under Investigation By U.S. Justice Department
October 26 2009 - 7:54PM
Dow Jones News
Hitachi Ltd. (6501.TO) said Tuesday its joint venture with LG
Electronics Inc. (066570.SE) is being investigated by the U.S.
Department of Justice for alleged antitrust violation.
A Hitachi spokeswoman said the joint venture, Hitachi-LG Data
Storage Inc., will fully cooperate with the U.S. authorities, but
she declined to elaborate on the investigation.
-By Kazuhiro Shimamura, Dow Jones Newswires; 813-6895-7566;
kazuhiro.shimamura@dowjones.com