LCD

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4:43 pm
Mon November 12, 2012

LCD Manufacturers To Pay $1.1 Billion In Price-Fixing Settlement

Residents of 24 states and the District of Columbia who purchased an LCD flat screen TV or computer are eligible to file a claim to get money from a $1.1 billion class-action settlement.
Credit flickr/Todd Austin

In the late 1990s, there were what were called "Crystal Meetings". Top executives from ten Asian-based tech companies met in hotels and bars in Taiwan to set the price of LCD screens.  In other words, price-fixing.

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