Five Companies That Dropped The Ball This Week

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LG Slapped With $380 Million Penalty In LCD Price Fixing Case

The Chicago Tribune reported Thursday that LG has agreed to pay a $380 million fine -- the largest penalty yet meted out in an LCD price fixing case that has also brought comeuppance to Toshiba, Samsung and several other manufacturers.

The class action suit was filed in the U.S. in 2007 by direct consumers of products containing LCD panels as well as manufacturers who purchased the panels to use in their own products.


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