Sunday, November 29, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Amazon Unveils New Drone For Prime Air Delivery
Google Glass Evoluion Could Be A Monocle
NSA's Phone Surveillance Program Changes
Lenovo and Razer Partner to Make Gaming PCs
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
MINIX NEO U1 Media Hub for Android Coming Next Week
Samsung Joins Audi’s Progressive SemiConductor Program
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, September 11, 2012
Toshiba Settles LCD Price Fixing Case

Toshiba has settled claims of alleged antitrust violations in the LCD business brought by direct purchasers of LCD panels and certain products containing such panels.

This settlement follows a July 3 jury verdict against Toshiba, when a federal jury in San Francisco found that Toshiba knowingly participated in a conspiracy to fix the price of liquid crystal displays sold in the United States, contributing to $87 million worth of damages suffered by manufacturers and consumers.

The Japanese company on Thusday said it would pay US$30 million, and the Plaintiffs will relinquish all claims for damages, fees, costs and other relief. The agreement is subject to approval by the U.S. District Court for the Northern District of California (San Francisco).

While Toshiba expected to file a motion for judgment notwithstanding the verdict and an appeal if necessary to overturn the jury verdict, Toshiba settled to avoid the inconvenience associated with further prolonged litigation.

"Toshiba admits no wrongdoing as part of this settlement, and it continues to maintain that it did not engage in illegal activity, "the company said in a statement.

Cadence Releases First 28nm DDR4 Design IP Solutions        All News        DisplayLink to Demo Lenovo USB 3.0 to DVI/VGA Monitor Adapter at IDF
FTC Returns More Than $2 Million to Buyers of the "Google Money Tree" Work-at-Home Scam     General Computing News      Philips To Cut More Costs And Jobs

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Takes Former Executives To Court
Toshiba To Sell Image Sensor Business to Sony
Toshiba and SanDisk Start Equipment Installation at Yokkaichi’s New Fab 2
Toshiba Unveils New Enterprise Performance HDD
Toshiba Introduces Windows 10 dynaPad Tablet, dynabook Notebooks
Toshiba's Image Sensor for Iris Recognition Improves Recognition And Security
Toshiba's Satellite Click 10 Detachable 2-in-1 PC Now Available
Toshiba Reports Q1 Loss on Weak PC, TV Sales
Toshiba Reports Significant Loss Following Accounting Scandal
Toshiba's New PCs Combine Functionality, Mobility and Performance
Toshiba At IFA 2015
Toshiba Launches Wireless Power Receiver IC for Quick Charging Mobile Devices

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .