Friday 12 August 2011

LCD plant in South Korea to be involved in price-fixing


South Korean antitrust regulators said Wednesday that the investigation has-been found in several Asian liquid crystal displays (LCD) manufacturer alleged price manipulation, how the resolution will punish business, including warnings or fines.
South Korea's Fair Trade Commission (FTC) official on the 11th that Samsung Electronics, LG Display, (LGD) and Chi Mei Optoelectronics LCD panel price manipulation conspiracy, in violation of South Korea's anti-competitive regulations. The three companies have been confirmed in South Korea received the FTC's notice.

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