AT&T sues Samsung and others for inflating LCD prices

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AT&T Corp. today filed a lawsuit against Samsung and other LCD manufacturers for allegedly fixing the price in the LCD market. The lawsuit includes Samsung, LG Display, AU Optronics, Sharp etc. charging them to run a long-term conspiracy to fix, raise and maintain high LCD panel prices.

The compensation charges are not revealed but AT&T says to have bought 300 million mobile wireless handsets during the conspiracy period.

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