Seagate, WD merger competition concerns probed by EC.
[newsimage]http://static.rankone.nl/images_posts/2011/05/joRk28.jpg[/newsimage]After Western Digital moved to acquire Hitachi Global Storage Technologies in March and Seagate announced their purchase of Samsung’s storage operations in April, that left Toshiba as the only other remaining competitor in the hard drive industry.
That sudden lack of competition has raised red flags among regulators, and now European Commission (EC) regulators are launching an investigation into the WD and Hitachi mergers to investigate if any antitrust violations will exist due to the lack of competition.
Read the full article here: [http://www.myce.com/news/seagate-wd-merger-competition-concerns-probed-by-ec-45936/](http://www.myce.com/news/seagate-wd-merger-competition-concerns-probed-by-ec-45936/)
Please note that the reactions from the complete site will be synched below.