Judgment announced by the Court of Justice of the European
Union with regard to Optical Disk Drive Cartel litigation.
Date of events
2022/06/16
To which item it meets
paragraph 2
Statement
1.Parties to the legal matter: Quanta Storage Inc. v. European Commission
2.Name of the court or punishing agency of the legal matter:
The Court of Justice of the European Union
3.Reference/Case number of relevant documents of the legal matter:
Case C-699/19P
4.Date of occurrence of the event:2022/06/16
5.Details of occurrence (including the matter under dispute):
The Court of Justice of the European Union announced its judgment
around 4 PM, 2022/06/16 Taiwan time for the Company's October 2017
partial appeal against the judgment of the General Court of
the European Union.
The Court partially annuls the decision of the Commission but sustained
the fine imposed by the General Court (7,146,000 Euros).
The Company has not received the official judgment yet.
6.Handling procedure:None.
7.Impact on the Company's finance and business and projected amount:
Amount of the fine imposed by the General Court has been fully
estimated and recorded by the Company in 2017, and there is
no material effect yet on the Company's finance and business.
8.Countermeasures and improvement status:None.
9.Any other matters that need to be specified:None.
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Disclaimer
Quanta Storage Inc. published this content on 16 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2022 12:42:08 UTC.
Quanta Storage Inc. is a Taiwan-based company principally engaged in the production and distribution of photoelectric storage equipment and computer peripheral storage devices. The Companyâs primary products include car entertainment audio hosts, slim-type digital versatile disks (DVD), read only memories (ROMs), external network hard disks, external universal serial bus (USB) 3.0 hard disks, car DVD changers, vehicle rear seat displays, vehicle standard navigation devices, vehicle communications hosts, USB3.0 combo external hard drive, external thin type rewritable digital compact disc (CD) drive, solid state drive series (SSD) and external solid-state hard drive devices. The Company mainly distributes its products in Mainland China, the United States of America (the USA) and others.