Items tagged with Price Fixing

Apple may have to pay consumers up to $400 million as part of a settlement agreement it reached with New York Attorney Eric T. Schneiderman over the company's alleged involvement in a price fixing conspiracy. A federal court in New York found that... Read more...
Qualcomm may have some explaining to do. The cellphone chip maker said in November it had been under investigation by China's National Development and Reform Commission (NDRC) for potential antitrust violations, though the company didn't go into any... Read more...
Panasonic and its subsidiary Sanyo (by way of a 50.2 percent stake in the company) both pleaded guilty in separate price fixing allegations involving automotive parts and battery cells, the United States Department of Justice announced this week... Read more...
The U.S. Department of Justice is seeking a $1 billion criminal fine against AU Optronics for its alleged involvement in a liquid crystal display (LCD) price fixing scheme that took place from 2001... Read more...
Dell and two other companies are going to receive a combined $198.5 million payment from Sharp to settle a civil lawsuit brought forth against a group of companies for setting artificially high prices for liquid crystal display (LCD) panels. Sharp... Read more...
LCD makers got caught with their hands in the cookie jar, so to speak, and now it's time to pay up. The State of California Department of Justice announced a $538 million settlement resulting from a lawsuit filed in October 2010 against 10 companies... Read more...
Bad boys, bad boys, whatcha you gonna do? Whatcha gonna do when the U.S. Department of Justice slaps you silly for conspiring to fix prices of LCD panels on a global scale? So maybe the actual theme song goes a little differently than that, but we... Read more...
It's not like Hitachi Displays really needs any bad news considering just how poorly LCD sales are going right now, but regardless of that, it's still facing a fine that none of us would be fond of facing. The Japanese electronics manufacturer has... Read more...