toggle

AAPL Stock: 109.27 ( -1.1 )

Subscribe to this page now.

Samsung, Sharp, others pay $539m over LCD price fixing

12/27, 2:10pm

Agree to help prosecute other LCD panel vendors

Seven LCD panel makers, including Samsung, Sharp, and Chimei Innolux, have reached accords to settle claims that they conspired to limit competition and fix prices for their displays used in laptops, monitors and TVs. If approved, the proposed $539 million settlement will resolve several cases pending in the US district court in San Francisco, and affect buyers as indirect victims. Earlier this month, another settlement for $388 million was reached in the same court with "direct" purchasers of the panels, who then put these panels into their own products.

more

Advertisement

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    Blue Yeti Studio

    Despite being very familiar with Blue Microphones' lower-end products -- we've long recommended the company's Snowball line of mics ...

    ZTE Spro 2 Smart Projector

    Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

    MSI Geforce GTX 970 100ME

    When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

    toggle

    Most Commented