LG, Sharp & Chunghwa admit to LCD price fixing (Geek.com)
November 14th, 2008 | LCD TV Reviews
An investigation started in 2006 and carried out by the U.S. Justice Department has ended in Sharp, LG, and Chunghwa Picture Tubes Ltd pleading guilty to price fixing of LCD displays. The consequence of their actions is a fine of US$585 million, with LG paying US$400 million, Sharp US$120 million, and Chunghwa US$65 million. The companies [...]
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LG and Chunghwa Execs Get Jail Time for LCD Price Fixing (I4U) I have to admit that I am a bit surprised at the turn of events that the sentencing in the LCD price fixing scandal has taken. I fully expectedLG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy (Engadget) LG and Chunghwa Picture Tubes already confessed to being involved in a scandalous LCD price fixing conspiracy, and now the USLG, Sharp Handed Massive Fine for LCD Price Fixing (PC Magazine via Yahoo! News) 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 DepartmentLCD makers express regret over US price-fixing fines (ARNnet)Sharp, LG Display and Chunghwa Picture Tubes plead guilty to fixing prices on LCD panels, and pledge to retain public trust.
More: continued here Hitachi Pleads Guilty, to Pay Fine in LCD Price-fixing Probe (PC World via Yahoo! News) Hitachi Displays joined LG, Chunghwa and Sharp among companies that have pleaded guilty to participating in price fixing in the LCD market.
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