AUO, LG, Toshiba pay $571 million to settle LCD price fixing lawsuit, broken record keeps skipping

AUO, LG, Toshiba pay $571 million to settle LCD price fixing lawsuit, broken record keeps skipping

The way LCD price fixing lawsuits keep popping up and settling in short order, you'd think they were going out of style. The latest motley group to face a reckoning includes AU Optronics, LG and Toshiba, the combination of which has agreed to pay a total of $571 million to eight separate American states to either avoid the the legal wrath of a class action lawsuit or to pay an outstanding fine. Allegedly, the trio kept LCD prices artificially … [Read more...]