Makers of LCD screens plead guilty to price-fixing


Three of the largest makers of computer and video screens, Sharp Corp., LG Display Co., and Chunghwa Picture Tubes Ltd., have pleaded guilty to criminal price-fixing charges and will pay fines totaling $585 million, reports the Wall Street Journal. As a result of the price fixing, electronics manufacturers and, ultimately, consumers were forced to pay higher prices for televisions, cell phones, and other products using liquid-crystal displays, the Justice Department

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