European Union regulators Tuesday imposed fines totaling �74.79 million ($109.6 million) on Japanese companies Sony Corp., Fujifilm Holdings Corp. and Hitachi Maxell Ltd. for running a cartel that fixed prices on professional videotapes sold in Europe.

“Between 1999 and 2002, Sony, Fuji and Maxell managed to raise or otherwise control prices through a series of regular meetings and other illicit contracts,” said a statement from the European Commission.