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3 Firms Confess To Fixing LCD Prices, Agree To Pay $585M Fine
Oldyeller89 writes "LG, Sharp, and Chunghwa Picture Tubes pleaded guilty to charges of price fixing in violation of the Sherman Antitrust Act. They fixed the prices on LCD screens used not only in their products but also in other products such as Apple's iPods. The three companies agreed to pay $585 million in fines. Perhaps this will cause the price of our TVs to drop?" The New York Times also has a story on the outcome of this case.
... I'd expect this kind of BS from Sharp and LG but not from Chunghwa Picture Tubes.
That's why you shouldn't steal. The government hates competition!
If you have something that you dont want anyone to know, maybe you shouldnt be doing it in the first place -Eric Schmidt
U.S. Department of Justice is levying the fines, so the money goes to the US Government. The Government will use the money to help bail out banks. ... that have no liquidity because of all the people who ran up their credit cards buying LCD televisions on credit and can't pay it back.
Stupid sexy Flanders.
Matsumura Fishworks and Tamaribuchi Heavy Manufacturing Concern
I was just about to buy a new monitor for WotLK so I could quest easier (having quest info from wowhead on monitor A while gaming in windowed mode on monitor B).
Now I'm gonna definitely go with Samsung, because they are not involved in this lawsuit and therefore they must be rewarded for not getting caught. Anyone can tell that Samsung also does not pad their contrast ratios like LG obviously does. Who could believe a 10000:1 contrast ratio? That's ridiculous! Samsung has decided to only push their padding to 8000:1 which respectfully identifies with the company's obvious higher level of integrity.
The Samsung even looks nicer!
The dangers of knowledge trigger emotional distress in human beings.
what flavour lollipop? It is important for them to earn my forgiveness.
i thought once I was found, but it was only a dream.
AIG.
It'll be ass flavoured. So you'll know what kissing their's would taste like.
Everybody have fun tonight! (Everybody have fun tonight) Everybody Chunghwa tonight! (Everybody Chunghwa tonight)
Why, without your clothes, you're naked, Miss Dudley!
... because they're out of jobs selling and delivering LCD TVs.
I like paying taxes. My tax money buys me civilization. I just hate freeloaders who want civilization without paying for it. If you don't like civilization, don't live in it. There is plenty of unclaimed land all over the world where you can live without paying taxes to anyone. Have fun!
If you like it that much you can pay my taxes and feel that much better. You are welcome.
585M should be enough for anyone
I'll be your candy shop of infinite deliciousity if you'll be my discotheque of endless rump-shaking.
...and how much are we the public going to see?
$585 Million down, $699,415,000,000 to go...
The bailout will be paid for before you know it!
Because 4:3 makes it look like it's a smiley face wearing a paper hat.
call me uncivilized ... but i'm not a huge fan of turn based strategies
-- Sex is the antonym of pringles. Once you pop it's time to stop.
yea, but the colours on my LDC screen aren't nearly as good as the ones on my LSD screen.
-I only code in BASIC.-
That would be news to those sent to prison for tax evasion.
What are you, some kind of a... (cue scary music) SOCIALIST? Heretic, the free market is God in America, how dare you question It? Would you put God in chains to mere mortal designs? Blasphemer!
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton