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Law Practice

Nov. 13, 2008

Manufacturers Settle Price Fixing Case

Three electronics companies agreed to pay $585 million in criminal fines as part of a guilty plea for conspiring to fix prices, the Justice Department announced Wednesday.

By Robert Iafolla
Daily Journal Staff Writer

WASHINGTON - Three electronics manufacturers agreed to pay $585 million in criminal fines as part of a guilty plea for conspiring to fix prices, the Justice Department announced Wednesday.

LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. were involved in international schemes to manipulate the prices for liquid crystal display panels, used in flat-screen televisions, computers, cell phon...

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