In Hewlett-Packard Co. v. LG Electronics Inc. et al., Hewlett-Packard Co. sued LG Electronics, Koninklijke Philips NV, Pioneer Corp., and various subsidiaries for their alleged involvement in a massive optical disc drive (“ODD”) price-fixing conspiracy. In its suit, HP claims that defendants violated the Sherman Act and California antitrust laws when they shared confidential business information with one another and formed agreements to set ODD prices in the market, thereby causing HP to pay higher prices for ODDs than it would have paid in a competitive market. According to HP, the six-year conspiracy has been the subject of consumer multidistrict litigation as well as a U.S. Department of Justice investigation, plea agreement, and a putative class action settlement with Hitachi-LG Data Storage Inc., one of the defendants.