04.07.2012 07:35 Uhr, Quelle: MacNN

Toshiba socked with $87 million fine for LCD price fixing

After two days of deliberations, a California jury has decreed that Toshiba is guilty of conspiracy involving other Japanese, Korean, and Taiwanese LCD manufacturers to keep prices artificially high on LCD panels between 1999 and 2006. Under the findings of the jury, Toshiba is liable for $87 million in damages -- $17 million to businesses and $70 million to consumers. Under antitrust law, defendants can be assessed damages of three times the jury's ruling, or $261 million. Toshiba was the sole remaining defendant in the suit, and claimed to have done nothing wrong.

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