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Lite-On IT to cooperate with EC antitrust probe

Ocean Chen, Taipei

The European Commission (EC) will launch antitrust investigation of 13 companies supplying optical disc drives (ODDs) in the European Union market for alleged participation in worldwide cartel for at least five years, according to industry sources in Taiwan.

Although EC has not revealed the names of the companies, Lite-On IT, a Taiwan-based ODM maker of ODDs, has disclosed that it has received notification from EC and will cooperate with the probe.

Article translated by Adam Hwang