usdoj.gov - 11/12/2008
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Participating in bilateral meetings, conversations, and communications in Japan and the United States to discuss the prices of TFT-LCD panels to be sold to Dell, Apple and Motorola; Agreeing during those bilateral meetings, conversations and communications to charge prices of TFT-LCD panels at ...
news.cnet.com - 11/12/2008
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news.cnet.com —
Updated at 11:51 a.m. with more information on
the case. LG Display, Sharp, and Chunghwa Picture Tubes...
agreed to plead guilty to criminal charges for participating in a liquid crystal display price-fixing conspiracy and pay $585 million in ...
(more)
LG, Sharp, Chunghwa admit to LCD price fixing
usdoj.gov - 11/13/2008
—
usdoj.gov —
Participating in bilateral meetings, conversations, and communications in
Japan and the United States to discuss the prices...
of TFT-LCD panels to be sold to Dell, Apple and Motorola; Agreeing during those bilateral meetings, conversations and ...
(more)
LG, Sharp, Chunghwa Agree to Plead Guilty, Pay Total of ...
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US Government Busts LCD Cartel: LG, Sharp, And Chunghwa To Pay $585 Million Fine
Silicon Alley Insider —
In a deal with antitrust investigators, LG, Sharp, and Chunghwa will pay a combined $585 million in fines on charges they kept prices for LCDs artificially high. That's price-fixing, a big deal in a $70 billion industry.
The victims: Consumers of everything from TVs to cell phones, but also downstream vendors like Apple (AAPL), Motorola (MOT), and Dell (DELL).
What exactly did the companies do? The U.S. Deptartment of Justice lays out its case:
LG and Chunghwa are charged with carrying out the conspiracy by:
Participating in meetings, ...
Three big LCD makers to pay $585 million for price fixing [Antitrust]
Gawker: valleywag —
... on flat-screen LCD displays sold to Apple, Dell, Motorola and others. The Department of Justice's antitrust division claims the three companies held meetings and traded messages in order to agree on higher prices for the displays. The DOJ's press release has full details. (Illustration by ...
LG, Sharp Handed Massive Fine for LCD Price Fixing
Gearlog —
... LG Display, Sharp, and Chunghwa Picture Tubes have agreed to plead guilty and pay $585 million in fines for their role in an LCD panel price-fixing scheme, the Department of Justice announced Wednesday. ...
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NPD Says iPhone Was Tops in Q3 2008 —
I4U News 11/12/2008
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