• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Home
  • About
  • Contact Us
  • Tip News!

Sammy Hub

Ultimate resource for all Samsung news, leaks, reviews

  • Phones
  • Tablets
  • Wearables
  • TV
  • Hardware
    • Components
    • Storage
    • Monitor
  • Software
  • Tech
  • Home Appliance
You are here: Home / Misc. / Samsung, LG and Others Sued for LCD Price Fixing

Samsung, LG and Others Sued for LCD Price Fixing

September 19, 2012 By kunal Leave a Comment


 

Samsung, LG and six other companies have been sued by Illinois over price fixing of the television and computer monitor panels. The lawsuit that is filed in Chicago claims the companies came together to fix the price and limit production of the cathode-ray tubes from March 1, 1995 to November 25, 2007.

The complaint says company executives “met quarterly to enter long-term price and production agreements and to enforce the price-fixing agreements by resolving disputes amongst the conspirators” and Samsung Display Co. had even pleaded guilty and agreed to pay $32 million for the same.

Spokesperson for Samsung did not comment citing pending legal issues.

Source

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search

Subscribe Now!

Recent Stories

Samsung Finance+ for Bespoke AI

Samsung Expands Digital Lending Program to Bespoke AI Appliances in India

Sleep Apnea Detection on Galaxy Watch

Samsung expands Sleep Apnea detection to more countries

Nvidia G-SYNC on Samsung 2025 OLED TV Series

Samsung’s 2025 OLED TV Range Supports Nvidia G-SYNC

Samsung-Mobile-Galaxy-S25-Edge

Samsung announces Galaxy S25 Edge – its slim take on the flagship series

Odyssey OLED G6

Odyssey OLED G6 is Samsung’s 500Hz OLED Gaming Monitor

Copyright © 2025 · Sammy Hub