H-P Sues Optical Disk Companies for Fixing Prices

Hewlett-Packard Co., the world’s biggest maker of personal computers, sued optical disk drive companies claiming they conspired to fix prices on billions of dollars in products it bought from 2004 to 2010. Hewlett-Packard, in two complaints filed in federal court in Houston, said Toshiba Corp., Samsung Electronics Co. and LG Electronics Inc. were among the companies that shared confidential information and rigged bids to “fix, raise, stabilize and maintain prices” for the disk drives.