A PYMNTS Company

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.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    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

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.