Filed under: Misc. Gadgets
The EU just lashed Sony, Fuji, and Maxell with fines totaling €75 million ($110 million) on grounds of fixing the price of professional videotapes. The 3-way Japanese cartel controlling 85% of the professional videotape market was found guilty of artificially controlling prices on Betacam SP and Digital Betacam -- the two most popular professional videotape formats in use between 1999 and 2002. According