Sharp, Seven Panel Makers Pay $388 Million in Antitrust Case
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Sharp Corp., Samsung Electronics Co., and six other makers of liquid crystal display panels used in computers and televisions agreed to pay $388 million to settle price-fixing claims by direct purchasers of the products.
Sharp, Japan’s largest panel maker, paid $105 million; Samsung, the world’s largest TV maker, paid $82.7 million; and Chimei Innolux Corp., Taiwan’s largest maker of display panels, paid $78 million, according to filings yesterday in San Francisco federal court.