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Price fixing
Tech manufacturers to pay $1.1B for alleged LCD price fixing
- Posted
Several technology manufacturers and their affiliates have agreed to pay $1.1 billion to settle allegations of LCD price fixing, CNN Money reports. According to prosecutors, the conspiracy spanned from 1999 to 2006 and affected prices on TVs, laptops, and computer monitors. $692 million will be set aside for partial refunds for affected consumers, while the rest will go to state treasuries for penalty, refund payments, and lawyer fees. Click here for the legal terms and information on how to submit a claim.
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