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LCD makers agree $388m settlement in alleged price fixing case

Discussion in 'TechSpot News and Comments' started by Leeky, Dec 9, 2011.

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  1. Leeky TechSpot Moderator Posts: 4,344   +59

    Several LCD manufacturers have agreed to pay an estimated $388 million to settle a civil lawsuit over alleged price fixing in the liquid crystal display panel market, according to court…

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    Leeky, Dec 9, 2011
    #1

  2. Adhmuz TechSpot Paladin Posts: 674   +24

    I have only one question, for those of us who actually purchased a product from one of the mentioned companies, do we get compensated? Where does this money go exactly? It's all fine and dandy to fine these companies for price fixing, but whats the point if the end consumer actually doesn't get anything out of it?
    Adhmuz, Dec 9, 2011
    #2

  3. mattfrompa TechSpot Maniac Posts: 470

    The point would be to discourage manufacturers from continuing similar practices for fear of losing even more money.
    mattfrompa, Dec 9, 2011
    #3

  4. Guest

    lol fail - they'll just hike current prices to recover from the loss.
    Guest, Dec 9, 2011
    #4

  5. tonylukac TechSpot Maniac Posts: 571

    Time to make them in america
    tonylukac, Dec 9, 2011
    #5

  6. jetkami Newcomer, in training Posts: 85

    If only Americans would vote for politicians who would bring the jobs back!
    jetkami, Dec 10, 2011
    #6
     

  7. Guest

    i just want to know where the money is going.
    Guest, Dec 10, 2011
    #7

  8. Guest

    I hope they'll stop making that crap TN panels.. and turn to IPS manufacture and lower prices.
    Gosh, I'm so optimistic..

    TFT TN will live 4ever.
    Guest, Dec 12, 2011
    #8

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