Kodak moment: The Tipline for 9 June 2020
On this date in 1992, Kodak had its antitrust moment. The Supreme Court ruled six-to-three in favour of reinstating the claims of repair companies alleging Eastman Kodak had illegally monopolised the sale of service and parts for its photocopier machines. A California jury would later find the company liable for $72 million in treble damages. GCR USA has more antitrust news related to outdated technology today, as a federal appellate court upholds a $438.5 million damages award against Quanta Storage related to its participation in a conspiracy to fix prices for optical disk drives.
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