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Samsung, Sharp, others pay $539m over LCD price fixing

12/27, 2:10pm

Agree to help prosecute other LCD panel vendors

Seven LCD panel makers, including Samsung, Sharp, and Chimei Innolux, have reached accords to settle claims that they conspired to limit competition and fix prices for their displays used in laptops, monitors and TVs. If approved, the proposed $539 million settlement will resolve several cases pending in the US district court in San Francisco, and affect buyers as indirect victims. Earlier this month, another settlement for $388 million was reached in the same court with "direct" purchasers of the panels, who then put these panels into their own products.

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