Toshiba and two other top battery producers will pay a combined $7.45 million to settle antitrust class action claims that they conspired to raise the price of lithium ion batteries for more than a decade.
U.S. District Judge Yvonne Gonzalez Rogers approved the settlements between direct buyers of the batteries and Toshiba, Hitachi Maxell and Maxell Corporation of America and NEC in three orders issued Wednesday. The orders also certified the settlement classes.
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