TechSpot

Dell sues five LCD-makers for price fixing

By Matthew
Mar 15, 2010
  1. Dell is the latest tech company to sue a string of LCD-makers for price fixing. The company filed suit at a US district court in San Francisco on Friday against Sharp, Hitachi, Toshiba, Seiko Epson, and HannStar. The five firms allegedly violated antitrust laws by conspiring as a cartel to artificially inflate LCD prices. Dell hasn't stated the amount damages it is looking to recover, but it says the price fixing goes all the way back to 1996.

    Read the whole story
     
  2. Renegeek

    Renegeek TS Rookie Posts: 96

    I think price fixing happens on eveything, and everywhere, thats just way it goes, and i wish it would stop. but everyone just wants a bit of the green...
     
  3. rajmond

    rajmond TS Rookie Posts: 45

    Everybody is suing everyone!

    WWS...World war of suing
     
  4. natefalk

    natefalk TS Rookie Posts: 78

    It's all about maximizing profits and nothing else matters....

    Like renegeek says, this probably happens all the time we just don't know about it.
     
  5. captaincranky

    captaincranky TechSpot Addict Posts: 10,814   +921

    IMO, a rather glaring instance of price fixing is related to PC RAM. The bottom fell out of the DDR2 market, a year or so ago, then Toshiba (I think) bought up a bunch of factories, and now it's four times the price. I even posted to a thread on this topic (memory) something about price fixing.how much we'd soon be paying for it!

    While I can't quote specifics, this should be painfully obvious. It got to the point that nobody was making money on RAM, then all of a sudden, everybody's making it hand over fist.

    Oddly, Toshiba's name always comes up when the s*** hits the fan.
     
  6. nazartp

    nazartp TS Enthusiast Posts: 205   +10

    Price fixing, as in violation of an antitrust law, does not necessarily happen every time we see a price increase. If defendants could show that they behaved independently in their best interest, then there is no price fixing.

    That is not to say that price fixing doesn't happen. One of more recent proven cases was when several major telecom providers participating in the FCC auction for cell phone frequencies used last three digits of their bids to signal each other on which markets to bid or not to bid.
     
  7. Kovach

    Kovach TS Rookie Posts: 44

    What they think? Everyone want to earn a penny more and shrink down the competition.
     
  8. TorturedChaos

    TorturedChaos TechSpot Chancellor Posts: 846   +11

    I have to agree with captaincranky, Toshiba name shows up a lot in a bad light. Gotta wonder about them sometimes.

    Personally not very found of Toshiba. Had a tv or 2 of theirs die, and seen several bad laptops made by them that friends have owned (luckily not me :p )
     
  9. captaincranky

    captaincranky TechSpot Addict Posts: 10,814   +921

    In my memory example, I implied a different methodology of price control than you. This doesn't mean that I think yours is better, worse, or more or less valid, but it also doesn't mean that price fixing via controlling the supply is any less effective, or not practiced either.
     
  10. tengeta

    tengeta TS Enthusiast Posts: 632

    Wasn't Dell one of the ones originally sued for this exact thing?
     
  11. captaincranky

    captaincranky TechSpot Addict Posts: 10,814   +921

    I have always been made to believe that, "s*** rolls downhill". Who knew that one day, it would go round and round in circles. :rolleyes:
     
     
  12. tripplejjj

    tripplejjj TS Rookie Posts: 28

    What ever is the outcome, I don't want to end up paying more for the products.
     
  13. tonylukac

    tonylukac TS Maniac Posts: 913   +22

    Great to see prices go down. However, it brings back slave labor. All men are created equal.
     
  14. captaincranky

    captaincranky TechSpot Addict Posts: 10,814   +921

    Um brings ..back....?
    Sadly, all men are born into circumstance, and that trumps equality.
     
  15. Tekkaraiden

    Tekkaraiden TS Maniac Posts: 903   +52

    Well there will be a lot of happy lawyers.
     
  16. rskapadia2294

    rskapadia2294 TS Rookie Posts: 102

    lol! price fixing happens everywhere! but it would surely profit the lawyers! as said by tekkaraiden!
    but its great to see things becoming cheaper! :D
     
  17. Thompson

    Thompson TS Rookie Posts: 65

    I agree with rajmond, there is an awful lot of suing going on, jeez.
    It's doesn't surprise me that price fixing it going on but from Toshiba and Hitachi, that's unexpected.
     
  18. Yoda8232

    Yoda8232 TS Rookie Posts: 145

    Honestly Dell should be sewing itself for price-fixing, look at the latest Dell 24" Green monitor article.
     
  19. Jay Pfoutz

    Jay Pfoutz Malware Helper Posts: 4,286   +49

    Dell is looking for a way to be the top of the line competitor, but they are also afraid the competition will move in and take over. But, if Dell had a deal with those sellers, and the deal was broken, then I guess Dell would be angry.
     
  20. thebluemeaner

    thebluemeaner TS Rookie Posts: 81

    Dell is obviously looking for its pockets, but I guess dissolving this cartel will benefit the consumer in the long term...
     
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