Wednesday, December 15, 2010
Alleged price-fixing fine of EU 200 million euros Korean LG.
<P> According to Yonhap News 9 December, South Korea LGDisplay European Commission 215 million euros fine imposed on the grounds that manipulating the display panel prices. .LGDisplay the survey together with Samsung Electronics as the first initiative to report, did not suffer punishment. .</ P> <P> reported that the European Commission announced on 8 LGDisplay, Samsung Electronics, Chi Mei Optoelectronics and other six companies suspected of manipulating the display panel price survey, said the six companies from October 2001 to 2006 .February manipulation of the display panel prices, share product development plans, the factory operating rate and other important information, leading consumers to suffer. .</ P> <P> learned that Chi Mei of Taiwan companies fined up to a fine of 3 million euros, in addition five companies other than Samsung, the total fine of 6.5 billion euros. .</ P> <P> European Commission said the Commission's objection to the decision to the European Court of First Instance companies can protest, but the penalty to be paid within the date set by the Commission, before the final decision in court, even the European Commission .enterprises to pay the fine can not exercise any rights. .</ P>.
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