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Thin-Film Transistor Liquid Crystal Displays (TFT-LCDs) manufactures might have colluded together to limit supply in violation of anti-trust laws.
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 class action lawsuit against Samsung, L.G. Philips, Sharp Corporation, Toshiba, Hitachi, Sanyo, NEC, AU Optronics alleging that these numerous manufacturers of Thin-Film Transistor Liquid Crystal Displays (TFT-LCDs) conspired to fix prices on the screens in violation of federal antitrust laws.
The class action complaint alleges that the manufacturers agreed to restrict the supply of TFT-LCDs in the market, causing persons and business who bought TFT-LCDs directly from the manufacturers to pay artificially inflated and non-competitive prices in violation of federal law. Customers who bought TFT-LCDs directly from the defendants or their subsidiaries from approximately January 1, 1998, to the present are considered members of the class.
TFT-LCDs are thin, flat panel display devices that are used in televisions, desktop computer monitors, notebook computer monitors, mobile phones, personal digital assistants and other electronic devices.
The class action complaint alleges that the manufacturers agreed to restrict the supply of TFT-LCDs in the market, causing persons and business who bought TFT-LCDs directly from the manufacturers to pay artificially inflated and non-competitive prices in violation of federal law. Customers who bought TFT-LCDs directly from the defendants or their subsidiaries from approximately January 1, 1998, to the present are considered members of the class.
TFT-LCDs are thin, flat panel display devices that are used in televisions, desktop computer monitors, notebook computer monitors, mobile phones, personal digital assistants and other electronic devices.
Defendant Details
| Name (Stock Symbol) | Brief Description |
|---|---|
| LG Electronics | LG Electronics manufacturers and sells consumer electronics, home appliances and mobile communications. |
| 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. |
| NEC Corporation | NEC Corporation, through its subsidiaries, manufactures consumer electronics and business 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. |
| Sanyo Electric Company Ltd. | Sanyo Electric Company Ltd. manufactures consumer electronics. |
| Hitachi Ltd. (HIT) | Hitachi Ltd. manufacturers consumer electronics and industrial electronics products. |