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AT&T Sues LCD Makers for Price-Fixing |
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AT&T Sues LCD Makers for Price-Fixing
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Wed Oct 21, 2009 9:28 am
AT&T is suing LG, Samsung and other major makers of LCD screens for cell phones, alleging they colluded to raise the prices it paid for 300 million handsets.
The Dallas, Texas-based company filed the suit in U.S. District Court in San Francisco, alleging a "long-running conspiracy" between 1996 to 2006, to fix, raise, stabilize and maintain the prices of LCD panels.AT&T said it purchased more than 300 million handsets for resale during the conspiracy period. Hitachi Displays, LG Display, Sharp, and Chunghwa Picture Tubes, all of whom were named in the suit, have already pleaded guilty to U.S. charges of illegal price-fixing, agreeing to pay $585 million in criminal fines. AT&T's lawsuit also names Epson Electronics, Samsung Electronics, Sharp and Toshiba.
More News: AT&T (195) | Legal (71) |
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Fri Aug 27, 2010 1:18 pm
AT&T, Verizon, Sprint and T-Mobile control 90 percent of the wireless market, making it hard for smaller companies to compete, according to government report.
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Wed Aug 25, 2010 2:19 pm
AT&T today announced plans to sell the Sony Ericsson Vivaz, a Symbian device with high-definition video recording, on September 5 for $80.
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Wed Aug 25, 2010 12:28 pm
Dell released the Aero, its first U.S. smartphone, on AT&T for $100 with a two-year contract, making the company the latest computer maker to enter the competitive mobile device market.
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Mon Aug 16, 2010 11:44 am
Nearly half of all iPhone owners say they would switch to Verizon once it gets Apple's popular device, according to market research firm Morpace.
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Mon Aug 09, 2010 12:10 pm
AT&T today said it will release the Sony Ericsson Xperia X10, an Android-based smartphone with an 8.1-megapixel camera, on August 15 for $150 with a two-year contract.
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