Catch up on stories from the past week (and beyond) at the Slashdot story archive

 



Forgot your password?
typodupeerror
HP Displays The Almighty Buck The Courts Your Rights Online

HP Sues Over LCD Price Fixing 56 56

angry tapir writes "Hewlett-Packard has filed a complaint against display manufacturers Chunghwa Picture Tubes and Tatung Company of America, seeking to recover damages it claims it suffered as a result of their involvement in a price fixing scheme. In November 2008, Chunghwa pleaded guilty to participating in a conspiracy together with other display manufacturers, including LG Display and Sharp, to set the prices of Thin-Film Transistor-Liquid Crystal Display (TFT-LCD) panels to predetermined levels. The company agreed to pay a US$65 million criminal fine at the time. A jury found AU Optronics, another display manufacturer, guilty of participating in the same conspiracy and was fined US$500 million in September by a judge of the U.S District Court for the Northern District of California. In October last year, 10 LCD makers, including Chunghwa Picture Tubes, were fined $176 million in South Korea for allegedly holding secret meetings to keep the prices for flat screen displays artificially high."
This discussion has been archived. No new comments can be posted.

HP Sues Over LCD Price Fixing

Comments Filter:

Reality must take precedence over public relations, for Mother Nature cannot be fooled. -- R.P. Feynman

Working...