Japanese electronics maker Toshiba has been fined $87m (£55m) for conspiring to fix prices of liquid crystal display (LCD) panels in the US.
It has been accused of holding meetings with other LCD makers in a bid to keep prices of the panels at a high level.
The fine comes just months after Taiwanese firm AU Optronics was found guilty on similar charges.
See full Article.
Thursday, July 05, 2012
Toshiba fined $87m for LCD price fixing in the US
Japanese electronics maker Toshiba has been fined $87m (£55m) for conspiring to fix prices of liquid crystal display (LCD) panels in the US.
It has been accused of holding meetings with other LCD makers in a bid to keep prices of the panels at a high level.
The fine comes just months after Taiwanese firm AU Optronics was found guilty on similar charges.
See full Article.
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