Hitachi Fined $31 Million For LCD Price Fixing

MojoKid writes "The Japanese electronics manufacturer has just agreed to pay a staggering $31 million fine for its role in a conspiracy to fix prices in the sale of TFT-LCD panels sold to Dell, Inc. The United States Department of Justice made the proclamation, and details show that Hitachi has plead guilty to a one-count felony. The charge, which was filed in the U.S. District Court in San Francisco, blames Hitachi Displays Ltd., a subsidiary of Hitachi Ltd., with 'participating in a conspiracy to fix the prices of TFT-LCD sold to Dell for use in desktop monitors and notebook computers from April 1, 2001 through March 31, 2004.'"

Comments

Re:Umm... "redundant" first post?

[impaledsunset]

I'm not entirely sure about the meaning of "redundant" in English, but in my native language the word for redundant also means "unnecessary". While I wouldn't agree with such moderation of the grandparent post, but wouldn't an unnecessary and obvious post deserve a "redundant" moderation? If the information in the post is obvious to everyone, isn't it already redundant?

Re:Umm... "redundant" first post?

[mcgrew]

I asked the same question once (and was modded "offtopic", as you and I both should be here) and got some good answers.

It might be something that you see in almost every thread - like "frosty piss" (which would make it both redundant and offtopic).

It might be that the poster said the same thing that someone else said later, but didn't say it as well. The whole point of moderation is to make good comments stand out and bad comments to not stand out. Everyone is downmodded some times; if your karma is shit you've probably either got little to say, or say it badly. I get downmodded all the time, but my karma remains excellent despite that.

It might be something that was said in a related thread (or a dupe). For example, this one is about Hitachi, Dell, and price fixing. There may have been an earlier story about another supplier price fixing, or Dell using Sony's exploding rootkitted batteries (there is another thread about batteries), etc.

Of course, there are always those dipshits that think "troll" means "I disagree". Since they castrated metamoderation there's not a lot we can do about those people any more.