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Sony receives EU charge sheet on videotape cartel

Wed Mar 21, 2007 8:47pm EDT

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TOKYO, March 22 (Reuters) - Japan's Sony Corp. (6758.T) said on Thursday it had received a statement of objections, or charge sheet, from the European Commission regarding alleged cartel activities in the professional videotape market.

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Two other Japanese professional videotape makers, Fujifilm Holdings Corp. (4901.T) and Hitachi Maxell Ltd. (6810.T), both said on Tuesday that they had received a statement of objections on the same charge. The European Commission has charged several unnamed companies with participating in cartel activities in the market for professional videotape.

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