$585 mil in price-fixing fines for Sharp, LG, Chunghwa

$585 mil in price-fixing fines for Sharp, LG, Chunghwa

So it seems like Sharp, LG, and Chunghwa of Taiwan are pleading guilty to a price-fixing conspiracy. That’s crazy. I hope this helps drive prices down a bit.
Three major electronics manufacturers have agreed to plead guilty to a price-fixing conspiracy and pay $585 million in criminal fines for their roles in the pricing of LCD display [...]

More in Technology | November 12th, 2008

So it seems like Sharp, LG, and Chunghwa of Taiwan are pleading guilty to a price-fixing conspiracy. That’s crazy. I hope this helps drive prices down a bit.

Three major electronics manufacturers have agreed to plead guilty to a price-fixing conspiracy and pay $585 million in criminal fines for their roles in the pricing of LCD display panels, the Justice Department said Wednesday.