LG and Sharp Get It For LCD Price fixing

Posted by Kallan Dahn Thursday, November 13, 2008

LCD Price fixing has been suspected for some time now.  LG and Sharp both plead guilty in a Department of Justice investigation.  LG was ordered to pay $400 Million.  LG was convicted of price fixing from 2001 to 2006.  Sharp was ordered to pay $120 Million.  During this time prices were jacked up on LCD's that were sold to Dell, Motorola, and Apple.

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