Ads
related to: samsung price fixing caseamazon.com has been visited by 1M+ users in the past month
Search results
Results From The WOW.Com Content Network
On 5 April 2006, Sun Woo Lee, Senior Manager of DRAM at Samsung Electronics, entered into a plea bargain with the US Government for his involvement in the price fixing conspiracy. [5] Following the plea agreement he was sentenced to 8 months in prison and fined US$250,000. [6] Lee was subsequently promoted to President of Samsung Germany in ...
The TFT-LCD (Flat Panel) Antitrust Litigation[1] was a United States class-action lawsuit regarding the worldwide conspiracy to coordinate the prices of Thin-Film Transistor - Liquid Crystal Display (TFT-LCD) panels, which are used to make laptop computers, computer monitors and televisions, between 1999 and 2006.
In what might signal the end of the US federal investigation into DRAM price fixing between April 1999 to June 2002, three Samsung execs -- Sun Woo Lee, Yeongho Kang, and Young Woo Lee -- have ...
v. t. e. Price fixing is an anticompetitive agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand. The intent of price fixing may be to push the price ...
The companies still aren't admitting to any wrongdoing, but Sharp, Samsung, Chimei Innolux, LG and four other LCD manufacturers have now reached a settlement in a price fixing case that began back ...
In a Northern California district court in April 2006, Lee entered into a plea agreement with the U.S government for his criminal involvement in price fixing the U.S DRAM market. The plea agreement resulted in a sentence of eight months in prison and a USD 250,000 fine, and prevented the case going to trial in which evidence would have been ...
Computer manufacturing. Price fixing (2006): A long-running investigation of five computer chip manufacturers resulted in $730 million in fines and a guilty plea from Samsung Electronics Co., Elpida Memory Inc., Infineon Technologies AG and Hynix Semiconductor Inc.
On 5 December 2012 the antitrust regulators of Barroso Commission fined Philips, LG Electronics, Samsung SDI, Panasonic, Toshiba and Technicolor for price fixing of TV cathode-ray tubes in two cartels lasting nearly a decade. [64] The biggest fine, of 313.4 million euros, was imposed on Philips, followed by LG Electronics with 295.6 million euros.