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LCD Makers Face Jail for Price-Fixing

Four current and former executives from LG Display in South Korea and from Chunghwa Picture Tubes in Taiwan have agreed to plead guilty and serve jail terms in the U.S. for participating in a conspiracy to fix prices in the sale of TFT-LCD panels. The four executives are charged with price fixing in violation of the Sherman Act, which carries a maximum fine of US$1 million and up to 10 years in prison for an individual. LG Display agreed to pay a $400 million criminal fine.”]

Source: https://www.csoonline.com/article/2123615/lcd-makers-face-jail-for-price-fixing.html

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