Tuesday, February 20, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Reveals Windows 10 on ARM Limitations
Fujitsu to Showcase Quantum-Inspired, Digital Annealer Computational Architecture at Mobile World Congress 2018
Investors and Consumers Sued Intel Over Meltdown and Spectre CPU Security Flaws
Belgian Court Fines Facebook Over Users Tracking
Beocreate 4 Channel Amplifier Will Make Your Vintage Speakers Smart
Qualcomm is Seeking for a Better Offer From Broadcom
Uber Introduces New Safety Features
Apple to Fix the Telugu Bug in iPhones
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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.


Previous
Next
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 Reveals Fresh Canvio Portable Hard Drive Models
Toshiba Officially Unveils Mainstream RC100 NVMe SSD Series
Struggling Toshiba Sells Westinghouse to Brookfield
Toshiba Introduces the Symbio Smart Home Solution With Alexa Support
Toshiba to Unveil New RC100 NVMe and Portable XS700 SSDs at CES 2018
Toshiba to Prepare New Semiconductor Fabrication Facility
Toshiba Introduces New AL15SE 10,500rpm Enterprise Performance HDD
Toshiba and Western Digital Reach Settlement, Agree to Strengthen Flash Memory Collaboration
Toshiba and Western Digital Close to Agreement Over Memory Chip Sale
Toshiba Moving Closer to Deal With Western Digital
Toshiba Launches First 14TB HDD with Conventional Magnetic Recording
Toshiba Releases 10TB NAS-Class Hard Drive

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .