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Panasonic and Sanyo Fined over $56 Million for Price Fixing

Price fixing in the technology world is nothing new, multiple companies have been fined for fixing prices for various items such as LCD screens in the past. Both Panasonic Corp. and Sanyo Co. have each agreed to pay a portion of a massive fine for price-fixing in the battery and auto part markets. Each company will pay a portion of a fine totaling $56.5 million.

Sanyo-Eneloop

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This entry was posted on November 8, 2013 by in Technology News and tagged , .

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