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Cathode-ray tube manufacturers might have conspired to fix prices of cathode-ray tubes, effectively causing prices of televisions paid by consumers to remain artificially high.
Investigation Source
- Nationwide
Investigation Scope
Category Information
Investigation Topics
- Defective Product or Service
- Over Charge
- Price Fixing
- Anti-Competitive Behavior
Products or Services
- Direct Purchasers of Cathode Ray Tubes
- Cathode Ray Tubes
Injury Type
- Monetary Loss
Investigation Details
Investigation and pending class action lawsuit against many corporations including Chunghwa Picture Tubes; Tatung Company of America, LG Electronics; Samsung Electronics; Samsung SDI Co,; Samsung Electronics of America; Matsushita Electrical Industrial Co.; Panasonic Corp.; Victor Company of Japan; Koninklijke Philips Electronics; Philips Electronics North America; LG Philips Displays USA; Toshiba Corp.; Toshiba America; MT Picture Display Company; and LP Displays.
The class action lawsuit alleges a conspiracy exists among the defendants to fix and artificially maintain the price of cathode-ray tubes, which are used to generate pictures in non-plasma television sets and computer monitors.
The class action lawsuit alleges a conspiracy exists among the defendants to fix and artificially maintain the price of cathode-ray tubes, which are used to generate pictures in non-plasma television sets and computer monitors.
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| LG Electronics | LG Electronics manufacturers and sells consumer electronics, home appliances and mobile communications. |
| Matsushita Electric Industrial, Co. (PC) | Matsushita Electric Industrial, Co. is now known as Panasonic Corporation. It manufacturers consumer electronics. |
| Tatung Company of America | Tatung Company of America manufactures and sells LCD televisions and other consumer appliances and goods. |
| Samsung SDI | Samsung SDI, a subsidiary of Samsung Electronics, manufactures, plasma display panels, CRT displays, Liquid Crystal Display (LCD) for mobile phones, Organic Light Emitting Diode (OLED) displays and Vacuum Fluorescent Displays. This displays are used in televisions, computers and mobile devices. |
| Samsung Electronics America, Inc. | Samsung Electronics America, Inc., a subsidiary of Samsung Electronics Co., Ltd., markets a broad range of award-winning consumer electronics, information systems, and home appliance products, as well as oversees all of Samsung’s North American operations including Samsung Telecommunications America, LP, Samsung Electronics Canada, Inc. and Samsung Electronics Mexico, Inc. |
| Panasonic Corporation (PC) | Panasonic Corporation manufactures consumer electronics and products. |
| Victor Company of Japan (JVC) | Victor Company of Japan (JVC) manufactures and sells consumer electronics. It has merged with Kenwood Corporation to establish a joint holding company, JVC Kenwood Holdings, Inc. |
| Koninklijke Philips Electronics NV (PHG) | Koninklijke Philips Electronics N.V. (more commonly known as Phillips) engages in the healthcare, consumer lifestyle, and lighting product businesses worldwide. |
| LG Philips Displays America, Inc. | LG Philips Displays America, Inc., a wholly owned subsidiary of LG Philips, is the sales company for LG Philips in North America. |
| Toshiba America, Inc. | Toshiba America, Inc., a wholly owned subsidiary of Toshiba Corporation, sells and markets the Toshiba brand products in the United States. |
| Samsung Electronics Co. | Samsung Electronics Co. manufactures and distributes consumer electronics, sells insurance products and provides industrial and chemical products. |
| Chunghwa Picture Tubes Ltd. | Chunghwa Picture Tubes Ltd. manufactures and distributes CRT and TFT-LCD screens for televisions and computers. |
| Toshiba Corporation | Toshiba is a diversified manufacturer and marketer of advanced electronic and electrical products. |