VIEW EVENT INFORMATION: LG Corporation
LG, Sharp, And Chunghwa Nailed For LCD price-fixing
NOV
12
Status: Available Now!
Type: News
Date: Wednesday 12 November 2008, 02:51 AM
Media: Techcrunch

SOURCE
About the organization LG Corporation:
Type: Business
Sub-Types: Electronics, Electronics Hardware, Electronics Software, Telecommunication, Telecommunication Hardware, Telecommunication Software
Notable Organizations: LG Corporation, Techcrunch

Such shameful conduct! It looks like from 2001 to 2006, LG, Sharp, and Chinese OEM Chunghwa were conspiring to keep the prices of LCD screens high and agreed on pricing floors to guarantee cash flow for everybody involved. Over five years of first- and second-party sales (Dell and Apple were among the buyers), they must have run up quite a tab, although no one’s done the math yet.
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