NHK, TDK Lose Bid to Ax Antitrust Suit Over Disk Drive Component

NHK Spring Co. and TDK Corp. must face antitrust litigation over their alleged scheme to inflate the price of hard disk drive suspension assemblies, a critical computer component, a federal judge in San Francisco ruled Wednesday while also trimming the lawsuit.

Judge Maxine M. Chesney let the proposed class action move forward in the U.S. District Court for the Central District of California with claims on behalf of consumers and resellers under the antitrust, consumer protection, and unjust enrichment laws of dozens of states.

The multidistrict lawsuit also includes claims by Seagate Technology Holdings Plc, a leading disk drive ...