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....again!?!?!?!?!

The monitor companies already got fined for price fixes 1-2 years ago...
http://news.cnet.com/8301-1001_3-10095219-92.html

Quote:
November 12, 2008 11:25 AM PST
LG Display, Sharp, and Chunghwa Picture Tubes agreed to plead guilty to criminal charges for participating in a liquid crystal display price-fixing conspiracy and pay $585 million in fines, the U.S. Department of Justice announced Wednesday.
The three companies worked in concert to set prices on thin-film transistor LCDs, which are used in computer monitors, notebooks, televisions, mobile phones, and various electronics, according to the antitrust unit of the Justice Department.
Apple, Dell, and Motorola were among the companies affected by the price fixing, antitrust regulators said.
 

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Good, maybe IPS panels will start coming down in price...
 

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Quote:

Originally Posted by Urufu_Shinjiro View Post
Good, maybe IPS panels will start coming down in price...
Doubtful. I mean after all they have another lawsuit they have to pay for.
 

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Ah, but the accusation is price fixing, which means the prices are artificially inflated right now and they will be forced to stop that.
 

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Quote:


Originally Posted by Sm0keydaBear
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Why can't they do this to gas companies?

Keep it on topic.
 

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Quote:


Originally Posted by DuckieHo
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....again!?!?!?!?!

The monitor companies already got fined for price fixes 1-2 years ago..

Cheat->make billions->get fined 500m=.5billions profit? If that's the best punishment to be expected I'd still be doing it too.
 

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What is it with these monitor companys? They already got busted once, you think they wouldn't like the fines and would stop. Hopefully they get kicked to the curb again. This time they will really feel it, given the economic heat.
 
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