price fixing

Thursday, October 22, 2009
Business

AT&T Sues The Pants Off Of Price Fixing LCD Manufacturers

3:39AM John Herrman | AT&T and the LCD industry make for strange courtfellows, but wait’ll you hear what for: AT&T claims that due to LCD price fixing by LG and Sharp, they’ve overpaid for 300 million handsets. Interestingly, they’re not thrilled about this. More »
Share Comment

Thursday, March 12, 2009
Screens

Hitachi Pleads Guilty to Fixing Prices on LCD Panels

10:40AM Andi Wang | Hitachi has agreed to pay a $US31 million fine after admitting to fixing prices on LCD screens sold to Dell from 2001 to 2004. Last year, LG Display, Sharp and Chungwa Picture Tubes also admitted to LCD price-fixing and ended up paying similar fines, totaling more than $US600 million to the United States government. [NYTimes] More »
Share Comment

Thursday, November 13, 2008
Business

LG, Sharp and Chunghwa Fined $US585 Million For LCD Price Fixing

5:05AM Sean Fallon | After nearly three years of investigation, LG, Sharp and Chunghwa Picture Tubes Ltd have admitted to participating in a cartel between 2001 and 2006 that fixed prices of LCD screens affecting “millions of American consumers who use computers, cell phones and numerous other household electronics every day.” The Justice Department has ordered the companies pony up $US580 million in fines—$US400 million from LG, $US120 million from Sharp and $US65 million from Chunghwa. More »
Share Comment