Topic: $585 million price-fixing fine

[Reno]

This was obvious. Just the price of PC monitors has remained static for 3 or 4 years now. The old crts didn't stay this expensive.

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 charges following a settlement with Sharp Corp. of Japan; LG Display Co. (LPL) of South Korea and Chunghwa Picture Tubes of Taiwan.

The charges were filed in U.S. District Court in San Francisco, Calif., and announced by the assistant attorney general for antitrust at the Justice Department in Washington. To top of page

source

[Clive]

Punish them where it hurts...  in their profits!   

[Reno]

Punish them where it hurts...  in their profits!  

It's not enough if you ask me. Especially not when they pull in billion(s) of dollars a year.