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

By Leeky · 7 replies
Dec 9, 2011
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  1. 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…

    Read the whole story
  2. Adhmuz

    Adhmuz TechSpot Paladin Posts: 1,828   +633

    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?
  3. mattfrompa

    mattfrompa TS Evangelist Posts: 553   +57

    The point would be to discourage manufacturers from continuing similar practices for fear of losing even more money.
  4. lol fail - they'll just hike current prices to recover from the loss.
  5. tonylukac

    tonylukac TS Evangelist Posts: 1,374   +69

    Time to make them in america
  6. jetkami

    jetkami TS Booster Posts: 100

    If only Americans would vote for politicians who would bring the jobs back!
  7. i just want to know where the money is going.
  8. 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.

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