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Optical disc drives are a dying breed. Thanks to the Internet and its ability to transfer large amounts of data relatively quickly, optical drives are destined to suffer the same fate as the floppy drive before it. More than a decade earlier, however, they were far from obsolete.
As it turns out, a handful of optical drive makers – Sony, Panasonic, NEC and Hitachi-LG – allegedly colluded to artificially inflate the cost of their drives. This meant companies like Dell and HP ended up paying more for the drives, likely passing the cost on to consumers.
Word of the price fixing eventually got out, leading to a class-action lawsuit. After roughly seven years, a settlement was reached this past December and odds are, you’re entitled to a portion of it.
As CNET points out, if you purchased a computer with an internal optical disc drive or even a standalone drive between April 1, 2003, and December 31, 2008, meet a few other requirements and wish to participate in the settlement, you’ll want to file your claim by July 1, 2017.
The settlement allocated $124.5 million for class members with each member set to receive up to $10 per drive they purchased. This appears to be going by the honor system so, you know, be honest.
Image courtesy Expert Review