Saturday, September 22, 2012

LCD firm A.U. Optronics fined US$500m over price-fixing





Taiwanese company AU Optronics has been finedUS$500 million and its former president and executive vice-president jailed for three years for their leading roles in a global LCD screen price-fixing conspiracy.


The sentences, which were handed down on Thursday, are among the harshest penalties ever given in an antitrust criminal case.









via Business feed http://www.scmp.com/business/companies/article/1042691/lcd-firm-au-optronics-fined-us500m-over-price-fixing

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