usdoj.gov - 11/13/2008
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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 - 11/12/2008
—
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)
#08-1002: LG, Sharp, Chunghwa Agree to Plead Guilty, Pay ...
Comments
Blog Reactions
Price Fixing in the LCD Business Sure Doesn’t Seem to Do Much Good!
Technology Liberation Front —
... There’s news today that the Department of Justice (DOJ) is imposing fines on three leading electronics manufacturers — LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. — “for their roles in conspiracies to fix prices in the sale of liquid crystal display (LCD) panels.” According to the DOJ’s press release, of the $585 million in fines, LG will pay $400 million, the second highest criminal fine ever imposed by the DOJ’s Antitrust Division. ...
Price Fixing in the LCD Business Sure Doesn't Seem to Do Much Good!
The Progress & Freedom Foundation Blog —
... There's news today that the Department of Justice (DOJ) is imposing fines on three leading electronics manufacturers -- LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. -- "for their roles in conspiracies to fix prices in the sale of liquid crystal display (LCD) panels." According to the DOJ's press release, of the $585 million in fines, LG will pay $400 million, the second highest criminal fine ever imposed by the DOJ's Antitrust Division. ...
The Feds Bust Open an LCD Price-Fixing Ring
Technologizer —
If you ever thought that you overpaid for a device containing an LCD screen, your suspicions were correct. It turns out that there was a global conspiracy to set LCD prices artificially high, and the culprits were some of the biggest manufacturers in the marketplace. Chunghwa Picture Tubes, LG Display, and Sharp have all been found to be in violation of the U..S’s Sherman Act. Lawyered up and doubtlessly looking for an easy out, the terrible trio plead guilty on Wednesday to charges filed under an ongoing Department of Justice antitrust investigation into price fixing and have ...
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NPD Says iPhone Was Tops in Q3 2008 —
I4U News 11/12/2008
Research firm NPD Group has announced that the Apple iPhone has surpassed the Motorola Razr as the leading handset purchased by consumers for Q3 2008. The Razr had been the top selling handset for the last 12 quarters according to NPD.
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LCD makers to pay $585m for price-fixing conspiracy —
The Register 11/12/2008
Cartel burned Dell, Apple and Motorola among others Three Asian electronics manufactures on Wednesday agreed to pay a combined $585m after admitting they conspired to drive up the prices of liquid crystal display monitors that were bought by Dell, ...
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