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$585 million LCD price-fixing fine

News Type: Event — Seeded on Wed Nov 12, 2008 4:39 PM EST
Read ArticleArticle Source: CNN
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Three major electronics manufacturers have agreed to plead guilty to a price-fixing conspiracy and pay $585 million in criminal fines for their roles in the pricing of LCD display panels, the Justice Department said Wednesday.

The department announced the plea agreement following a settlement with Sharp Corp. of Japan; LG Display Co. (LPL) of South Korea and Chunghwa Picture Tubes of Taiwan

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