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HP Fined $14 Million For 'Cartelization' of Ink Cartridges, Toner, PCs

1 month 2 weeks ago
India's Competition Commission has fined HP India and its partners about 1.4 billion rupees ($14.4 million), alleging the company colluded with resellers to rig government PC bids and fix prices for ink cartridges, toner, and other printing supplies. "It said that HP was aiming to outcompete other OEMs and discourage resellers from selling 'counterfeit' ink and toner," adds Ars Technica. From the report: In an order, the CCI said that HP India worked with five resellers to coordinate their bid prices for government contracts to increase the chances of an HP partner winning the contracts. The company was fined 1.3 billion rupees (about $13.1 million). [...] HP was also fined 119.8 million rupees (about $1.2 million) for "indulging in cartelization in sale and supply of supplies products comprising of toner, cartridges, and other consumable used with print hardware products," CCI said in its announcement. The agency also fined 21 HP resellers 35.2 million rupees (about $365,335). In a separate order, the CCI said that WhatsApp records showed that HP and 16 of its Tier-2 reseller partners operated "in a collusive arrangement" and that the messages show the companies engaging in "bid rigging, including cover bidding, price fixation, and customer allocation during 2017-2020." HP India played a central role, the regulator said. Per the order, HP India said that high printing supply prices led some resellers to threaten to "shift to low-cost counterfeit products to compete on price." "HP India was commercially forced into a position where it had to support the collusive arrangement adopted by the Tier-2 resellers," the order reads. For its part, the order said that HP India "humbly objects to HP India's role being characterized as a 'kingpin' of the entire collusive arrangement." [...] The CCI also ordered HP India and its channel partners to "cease and desist from anti-competitive conduct" and to hold competition compliance training programs within 60 days.

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TSMC To Invest Additional $100 Billion In Arizona

1 month 2 weeks ago
TSMC said it will invest another $100 billion in Arizona after reporting a record 77.4% year-over-year jump in second-quarter profit. The expansion would bring its total U.S. investment to $265 billion and include new fabs for 2-nanometer production and advanced packaging to serve major U.S. customers. The Associated Press reports: As AI-related demand continues to jump and needs for computing power from data centers surge, TSMC has been expanding chip fabrication plants in the U.S., Japan and Taiwan. It said it is increasing its annual capital expenditure budget for this year to $60 billion-$64 billion, up from an earlier estimate of $52 billion-$56 billion. TSMC, or Taiwan Semiconductor Manufacturing Co., is a key supplier to Nvidia and Apple. It had previously already committed $165 billion in the U.S. for building plants in Arizona, with six fabrication facilities planned. The extra $100 billion in investments are to "support the strong multiyear demand from our leading U.S. customers," C.C. Wei, chairman and CEO of TSMC, said during the company's quarterly earnings conference Thursday. An additional four fabrication plants in Arizona will likely be built with the new investments, TSMC said. They will focus on making some of the most advanced chips that are 2-nanometer and below.

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EU Forces Google To Share Search Data, Open Android To Rivals

1 month 2 weeks ago
The EU is imposing new rules requiring Google to share anonymized search data and open up Android to rival AI companies. "Thanks to these measures, we hope to see emerging alternatives to Google Search and Google's AI services, such as Gemini, and that users in the EU can enjoy greater choice of services," Henna Virkkunen, an executive vice president at the European Commission overseeing tech, said. The Associated Press reports: In issuing the two new rules, the commission said it found that AI agents not made by Google were unable to function on Android phones at the same level as Google's Gemini. Google must now allow voice-activation of these alternative AI agents and enable them to run background tasks like booking restaurants via third-party apps. By January 2027, Google must also begin sharing anonymized search data with some rivals. The commission said the move is meant to level the playing field since Google controls a vast trove of user data that no competitor can match. Google argues the measures could weaken privacy and security by exposing user searches and reducing safeguards around third-party AI assistants. "Europeans' private searches would be exposed to unfamiliar companies, without adequate anonymization of the data and without user knowledge or consent," said Kent Walker, president of global affairs for Google and Alphabet. "This would weaken citizens' privacy, risk business trade secrets, and endanger national security."

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