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EU: Court upholds LCD cartel fine against Taiwan’s InnoLux

By  |  July 9, 2015

The European Union‘s top court upheld Thursday a 288-million-euro fine slapped on InnoLux for its participation in a cartel involving television and computer screens, ending the Taiwanese company‘s fight against the penalty.

Six Asian manufacturers of liquid crystal display (LCD) screens had been hit with EU antitrust fines totalling 649 million euros in 2010, after competition regulators found that they had colluded from 2001 to 2006 to fix prices and exchange industrial information.

Full content: Reuters

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