The European Commission, a major force for unnecessarily high prices thinks we pay too little for our floppy disks and has imposed a gratuitous new burden on businesses that are heavy users of computers: it has imposed definitive anti-dumping duties on 3.5 floppy disks from Hong Kong and South Korea 27.4% on disks from Hong Kong manufacturers with exceptions of Jackin Magnetic Ltd, which must pay 7.2%, Plantron Ltd, 6.7%, and Technosource Industrial Ltd, 13.3%; South Korean disks will carry 8.1% duty; the duties are presumably to protect the interests of Japanese chemicals giant Kao Corp, which makes floppy disks at a plant in Spain.
