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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.

6 of 417 comments (clear)

  1. Prices won't drop; profit margins may rise slightl by colourmyeyes · · Score: 4, Informative

    The LCD's in question were not sold directly to consumers, they were in devices like cell phones and ipods. The cost was absorbed by the manufacturers of these devices, and if it drops, good for them... but do you really think they'll pass that directly on to consumers? The illegal markup per unit probably isn't all that big. This will amount to a small increase in the profit margins of the device manufacturers, if it amounts to anything at all.

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    My grandmother used anecdotal evidence all the time, and she lived to be 120 years old.
  2. Re:Ya Know... by randyest · · Score: 5, Informative

    Chunghwa makes panels for Vizio, Syntax, and even Samsung and many others you would expect to have their own panels inside. Even Sony and Sharp have shipped products with Chunghwa panels inside, simply because they're cheaper.

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    everything in moderation
  3. Re:Plasma? by johny42 · · Score: 4, Informative

    5:4 screen will always have more pixels than 16:10 with the same diagonal, as the aspect ratio is closer to square. It has nothing to do with LCD/CRT monitors.

  4. Re:So how much did they make? by spun · · Score: 5, Informative

    Imbalance of information is only one of the three major failure modes of the free market. Externalities both positive and negative, and natural monopolies are the other two.

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  5. Re:Plasma? by kimvette · · Score: 4, Informative

    It's not burn-in; it is image persistance and the display is not permanently damaged. How to fix it? Play a high-contrast full motion video for a few hours, or better yet, an animated image which turns all red pixels on then off (red then black), blue on then off (blue then black), then white (all pixels on) then black (all pixels off). Let each image display for at least a few seconds per.

    My first iPAQ (a Pocket PC) exhibited this from the start menu, and running a slide show resolved the issue.

    It's not burn-in. Burn-in is an actual evaporation (well, sublimation really) and/or burning of phosphors and cannot be corrected. Burn in "correction" on a plasma screen actually wears out the screen because those utilities are designed to burn in the rest of the screen to make the whole display more consistent.

    --
    The Christian Right is Neither (Christian nor right). See: Matthew 23, Matthew 25, Ezekiel 16:48-50
  6. Color Invariance of CRT's by zQuo · · Score: 4, Informative
    The main reason graphics people prefer CRT's is color invariance. The color is consistent across view angles.

    An LCD screen shows different colors depending upon your view angle. This is not good for graphics professionals.