Toshiba, Sony lose fight against EU cartel fine

BRUSSELS : Toshiba, Sony and Samsung Electronics on Thursday lost their court fight against an EU cartel fine levied seven years ago for colluding in procurement tenders for optical disc drives.

The Luxembourg-based EU Court of Justice, Europe's top court, backed the penalties imposed by the European Commission in 2015. Judges however partially annulled part of the EU competition enforcer's decision.