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U.S.: AU Optronics sentencing could break all sorts of antitrust records

 |  September 24, 2012

The recent fine by California’s federal court, could be home to a watershed moment in the history of U.S. antitrust law. U.S. District Judge Susan Illston is scheduled to sentence Taiwan’s AU Optronics Corp. on its March conviction for participating in a scheme to fix prices on liquid-crystal-display panels. The Justice Department is asking her to impose a $1 billion USD fine. The AU Optronics jury found the LCD conspiracy resulted in ill-gotten gains of more than $500 million USD, a finding that allowed the Justice Department to seek the $1 billion fine.

Full Content: WSJ

Related Content: U.S.: AU Optronics fined $500 million

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