It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
LCD Makers To Pay $388M in Price Fixing Suit LCD Makers To Pay $388M in Price Fixing Suit
FAQ Members List Calendar Search Today's Posts Mark Forums Read

LCD Makers To Pay $388M in Price Fixing Suit
Thread Tools
Old 9th December 2011, 07:18   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 97,747
Stefan Mileschin Freshly Registered
Default 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 manufactureróSharpówill 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.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
EU Slaps Chip Vendors with Penalties for Price-Fixing jmke WebNews 0 20th May 2010 08:37
Judge backs action against Nvidia and AMD on price fixing jmke WebNews 0 16th July 2008 09:16
Elpida Guilty of DRAM Price Fixing jmke WebNews 1 31st January 2006 17:27
Samsung to pay $300 million for price fixing Sidney WebNews 0 14th October 2005 06:15
Infineon execs go to jail for DRAM price fixing Sidney WebNews 0 3rd December 2004 05:16
Infineon admits to DRAM price fixing jmke WebNews 10 16th September 2004 23:58
Mainboard Makers to Fierce Price Wars jmke WebNews 0 25th May 2004 23:09

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 16:17.

Powered by vBulletin® - Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO