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LCD TV makers face price-fixing probe

December 14th, 2006 · No Comments

From the outside it may look as though screen makers are slicing margins to the bone in order to remain competitive, but that hasn’t prevented anti-monopoly groups in Europe, the US, Japan and South Korea from simultaneously launching probes to see if panel makers have formed an international price-fixing cartel. The suspicion is that upwards of ten Japanese, Taiwanese and South Korean vendors have conspired to manipulate the sale price of certain products, by secretly agreeing production volumes.
Companies reportedly under scrutiny include Toshiba,  Matsushita, NEC, Hitachi, Sharp, Seiko, IPS Alpha, Samsung, LG. Philips and AU Optronics. The Japanese Fair Trade Commission has demanded reports detailing sales of LCD panels from each manufacturer.

Tags: LCD TV · Trade

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