3 LCD Firms Settle in Price-Fixing Case -- Will Pay out $571 Million for Lawsuit Filed by 8 State Attorneys

By Virtanen, Michael | The Commercial Appeal (Memphis, TN), July 13, 2012 | Go to article overview

3 LCD Firms Settle in Price-Fixing Case -- Will Pay out $571 Million for Lawsuit Filed by 8 State Attorneys


Virtanen, Michael, The Commercial Appeal (Memphis, TN)


ALBANY, N.Y. Three Asia-based companies have agreed to pay $571 million to settle claims by officials in eight states that they conspired to inflate prices for liquid crystal display screens used in televisions and computer monitors, according to New York's attorney general.

The agreements announced Thursday with AU Optronics Corp., LG Display Co. Ltd., Toshiba Corp. and U.S. affiliates follow a $553 million settlement in December with seven other manufacturers from Japan, Korea and Taiwan accused of fixing prices for thin film transistor LCD panels from 1999 to 2006.

The companies were sued by the states and by private class- action lawyers.

This price-fixing scheme created an unlevel playing field for businesses that abide by the rules and left consumers paying artificially higher costs for televisions, computers and other electronics, Atty. Gen. Eric Schneiderman said.

About $692 million will be available for partial refunds to consumers in 24 states after court approval, Schneiderman's office said. The settlements conclude the states' lawsuit against the companies. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

3 LCD Firms Settle in Price-Fixing Case -- Will Pay out $571 Million for Lawsuit Filed by 8 State Attorneys
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.