OTHER NEWS - Aug. 8, 1996
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Kodak Takes Fuji Dispute to Japanese Panel: Eastman Kodak Co. filed a complaint with the Japan Fair Trade Commission asking the agency to take enforcement action against its archrival, Fuji Photo Film Co., for allegedly blocking sales of Kodak film in Japan. The Rochester, N.Y.-based photo company has been locked in a battle with Fuji over access to the Japanese film market. The dispute came to a head June 13 when the U.S. filed three complaints with the World Trade Organization alleging that the Japanese government colluded with Fuji to block Kodak sales in Japan. Wednesday’s action by Kodak is separate from the WTO case and is part of a three-pronged assault announced by the U.S. in June. Kodak shares closed up $1.375 at $78.25 on the New York Stock Exchange.
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