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Author Topic: LCD makers settle price-fixing case  (Read 1641 times)

Offline Paddy

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LCD makers settle price-fixing case
« on: November 12, 2008, 04:54:16 PM »
http://www.macworld.com/article/136756/2008/11/lcd.html

LG is paying $400M of that, which is the second largest fine ever imposed by the DOJ Anti-trust Division. I guess with $15.3B in revenue last year, LG can afford it though. dry.gif
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Offline sandbox

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LCD makers settle price-fixing case
« Reply #1 on: November 12, 2008, 06:23:21 PM »
yup,i caught that on NBR  http://www.pbs.org/nbr/headlines/LCD_Price_Fixing/

I wondered many times why the cost never dropped, in spite of the volume increases.
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Offline krissel

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LCD makers settle price-fixing case
« Reply #2 on: November 13, 2008, 04:03:14 AM »
But the customers don't get any rebates.  dry.gif


Only chance at getting back any money is through class action lawsuits and it's the lawyers that win in those cases.

More:

http://news.cnet.com/8301-1001_3-10095219-92.html
« Last Edit: November 13, 2008, 04:03:31 AM by krissel »
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