Hitachi Fined $31 Million For LCD Price Fixing 135
MojoKid writes "The Japanese electronics manufacturer has
just agreed to pay a staggering $31 million fine for its role in a conspiracy to fix prices in the sale of TFT-LCD panels sold to Dell, Inc. The United States Department of Justice made the proclamation, and details show that Hitachi has plead guilty to a one-count felony.
The charge, which was filed in the U.S. District Court in San Francisco, blames Hitachi Displays Ltd., a subsidiary of Hitachi Ltd., with 'participating in a conspiracy to fix the prices of TFT-LCD sold to Dell for use in desktop monitors and notebook computers from April 1, 2001 through March 31, 2004.'"
Rights (Score:5, Funny)
details show that Hitachi has plead guilty to a one-count felony.
Damn. Poor Hitachi. They just lost their right to vote and carry a gun.
Re:So who's going to gaol?? (Score:3, Funny)
Just because your colony resorted to spelling everything phonetically...
Re:So who's going to gaol?? (Score:4, Funny)
Using all caps is what you're *meant* to do when someone scores a gaol, silly flitter!