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TFT LCD manufacturers might have engaged in illegal anti-competitive behavior which caused consumers to be overcharged for televisions, computers, mobile phones and PDAs.
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 Thin Film Transistor Liquid Crystal Displays
- Thin film transistor liquid crystal displays (TFT-LCDs)
Injury Type
- Monetary Loss
Investigation Details
Investigation and pending a class action lawsuit today against LF Philips LCD; LG Philips LCD America, Inc.; Samsung Electronics Co.; Sharp Corporation; Toshiba Corp.; Toshiba Matsushita Display Technology Co., Ltd.; Hitachi Ltd, Hitachi Displays, Ltd.; Hitachi America Ltd.; Hitachi Electronic Devices (USA) Inc.; Sanyo Epson Imaging Devices Corp.; NEC Corp.; NEC LCD Technologies, Ltd.; NEC Electronics America, Inc.; IDT International Ltd.; International Display Technology Co., Ltd.; International Display Technology USA Inc.; AU Optronics; AU Optronics Corp. America; Chi Mei Optoelectronics Corp.,; Chi Mei Optoelectronics USA, Inc.; Chunghwa Picture Tubes Ltd.; and Hannstar Display Corp, who are the major manufacturers of TFT LCD products, claiming the companies engaged in a conspiracy to fix, raise, maintain and stabilize the price of TFT LCD products.
TFT LCD means thin film transistor liquid crystal display and is a type of technology used to improve image quality in televisions, desktop and notebook computer monitors, mobile phones, personal digital assistants (PDA's) and other devices. The class action complaint cites a number of anticompetitive tactics used by the companies listed above, including allocating among themselves and collusively reducing the production of TFT LCD products, and submitting rigged bids for the award and performance of certain TFT LCD product contracts.
The class action lawsuit seeks to represent all persons or entities that purchased a TFT LCD product manufactured by one of the companies listed above, in the United States between January 1, 1998 and December 31, 2005 for their own use and not for resale.
TFT LCD means thin film transistor liquid crystal display and is a type of technology used to improve image quality in televisions, desktop and notebook computer monitors, mobile phones, personal digital assistants (PDA's) and other devices. The class action complaint cites a number of anticompetitive tactics used by the companies listed above, including allocating among themselves and collusively reducing the production of TFT LCD products, and submitting rigged bids for the award and performance of certain TFT LCD product contracts.
The class action lawsuit seeks to represent all persons or entities that purchased a TFT LCD product manufactured by one of the companies listed above, in the United States between January 1, 1998 and December 31, 2005 for their own use and not for resale.
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| Samsung Electronics Co. | Samsung Electronics Co. manufactures and distributes consumer electronics, sells insurance products and provides industrial and chemical products. |
| Sharp Corporation | Sharp Corporation, through its subsidiaries, manufactures consumer electronics and products. |
| Toshiba Matsushita Display Technology Co., Ltd. | Toshiba Matsushita Display Technology Co., Ltd. has changed its name to Toshiba Mobile Display Co., Ltd. It provides LCD and TLF displays for computers, televisions and mobile devices. |
| Hitachi America Ltd. | Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., markets and manufactures a broad range of electronics, computer systems and products, and consumer electronics, and provides industrial equipment and services throughout North America. |
| Sanyo Epson Imaging Devices Corp. | Sanyo Epson Imaging Devices Corporation manufactures liquid crystal display products. |
| IDT International Ltd. | IDT International Limited designs, develops, manufactures, markets and distributes LCD-based consumer electronics. |
| AU Optronics Corporation (AUO) | AU Optronics Corp. engages in the design, development, manufacture, assembly, and marketing of thin film transistor liquid crystal display (TFT-LCD) panels and other flat panel displays. |
| AU Optronics Corporation America | AU Optronics Corp. engages in the design, development, manufacture, assembly, and marketing of thin film transistor liquid crystal display (TFT-LCD) panels and other flat panel displays.AU Optronics Corporation America is wholly owned by AU Optronics. |
| Chi Mei Optoelectronics USA, Inc. | Chi Mei Optoelectronics USA, Inc. is the US operating subsidiary of Chi Mei Optoelectronics. Chi Mei Optoelectronics designs, manufactures and distributes LCD TV panels and LCD panel displays for desktop and notebook computers. |
| Chunghwa Picture Tubes Ltd. | Chunghwa Picture Tubes Ltd. manufactures and distributes CRT and TFT-LCD screens for televisions and computers. |
| Hannstar Display Corporation | Hannstar Display Corporation manufactures TFT-LCD products including notebook computer displays and desktop computer monitors. |
| L.G. Philips Co. Ltd. (LPL) | LG Display Co., Ltd. manufactures and supplies thin film transistor liquid crystal displays (TFT-LCD) to original equipment manufacturers and multinational corporations. |
| Chi Mei Optoelectronics | Chi Mei Optoelectronics is a subsidiary of Chi Mei Corporation. Chi Mei Optoelectronics designs, manufactures and distributes LCD TV panels and LCD panel displays for desktop and notebook computers. |
| Hitachi Ltd. (HIT) | Hitachi Ltd. manufacturers consumer electronics and industrial electronics products. |
| Toshiba Corporation | Toshiba is a diversified manufacturer and marketer of advanced electronic and electrical products. |