About LCD Monitors

Attorney General of New York filed a lawsuit against several manufacturers of LCD accused of colluding on prices. LG, Samsung, Sharp and Toshiba are involved.

Already covered in recent years by several investigations and convicted, the leading manufacturer of LCD screens are again the subject of a complaint for unlawful agreement.

The New York Attorney Andrew Cuomo has opened an antitrust lawsuit against several brands among which include Hitachi, LG, Toshiba, Samsung, Sharp, AU Optronics, Chi Mei . Some manufacturers already heavy sentences. Cuomo accused them of having together to fix prices of their products and the prices to be charged with computer manufacturers. They are accused of selling their panels to illegally fixed prices to companies like Dell and IBM.

The problem is huge, since both companies have sold their machines to public services such as the federal government, counties, municipalities, schools, hospitals or barracks. He has claimed damages for consequential compensation for the “hundreds of millions of dollars” for those municipalities, schools and cities of the State of New York that would have spent on overpaying LCDs.

In the U.S, Dell recovery a matter of cartel around the LCD and wants to dismantle a cartel of manufacturers for questionable business practices … First end 2008 and end 2009 under the leadership of Nokia’s business unlawful agreement on the price of LCD screens have exploded into the open. The U.S. manufacturer Dell was filling earlier this year  a new complaint against HannStar, Hitachi, Seiko Epson, Sharp and Toshiba to the court in San Francisco. For the moment, none of the defendants were willing to answer these charges.

Recall that in 2009, the U.S. court had already sentenced Hitachi, Sharp, LG and Chunghwa Picture Tubes for price fixing, condemning them to pay some $ 585 million in damages, including $ 400 million just for LG.  Nokia and Dell have each filed complaints against most of the brands mentioned. Why a new procedure. Because the trial covered only the period from 2001 to 2006, and since, things have clearly not arranged on the market of the screen.

Moreover, the problem is obviously not only in the United States, and at the same time, the European Commission publishes a list of accusations against certain manufacturers of screens that would violate European law. If we do not know the names of all businesses worried, however we know that LG and Philips are part confirmed they have received threats from the Commission.

And that’s not all, Japan also competition authorities began to search for manufacturers of LCD panels, hoping to stop suspected illegal business practices. If all these procedures reach the same conclusions at the same time, manufacturers could have complained to regularize their situation in each continent and pay heavy damages and fines …

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