 |  |  |  |  |
LCD Makers To Pay $388M in Price Fixing Suit
| |||||||||
|
LCD Makers To Pay $388M in Price Fixing Suit
| | |||||||
 |
 |
| | Thread Tools |
9th December 2011, 08:18
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,514
 |  LCD Makers To Pay $388M in Price Fixing Suit Since this is a class action lawsuit, lawyers will get 95% of the money and the rest will be divided up between the millions of people that bought monitors between 2001 and 2006. Samsung, Sharp, LG, and five other flat-screen display manufacturers have agreed to pay a total of $388 million to settle a civil class action suit brought against them by the U.S. Department of Justice over LCD price fixing. Japans's largest LCD manufacturer—Sharp—will pay the largest penalty, $105 million. Samsung will pay $72 million, with Taiwan's CMI paying up $78 million and South Korea's LG paying $75 million. http://www.hardocp.com/news/2011/12/...e_fixing_suit/ |
|  |
|
Similar Threads | ||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| EU Slaps Chip Vendors with Penalties for Price-Fixing | jmke | WebNews | 0 | 20th May 2010 09:37 |
| Judge backs action against Nvidia and AMD on price fixing | jmke | WebNews | 0 | 16th July 2008 10:16 |
| Elpida Guilty of DRAM Price Fixing | jmke | WebNews | 1 | 31st January 2006 18:27 |
| Samsung to pay $300 million for price fixing | Sidney | WebNews | 0 | 14th October 2005 07:15 |
| Infineon execs go to jail for DRAM price fixing | Sidney | WebNews | 0 | 3rd December 2004 06:16 |
| Infineon admits to DRAM price fixing | jmke | WebNews | 10 | 17th September 2004 00:58 |
| Mainboard Makers to Fierce Price Wars | jmke | WebNews | 0 | 26th May 2004 00:09 |
| Thread Tools | |
| |
