Nokia Sues Samsung Over LCD Price Fixing

Bloomberg today reports that Nokia is suing Samsung and other flat panel makers, alledging they colluded to fix prices of LCDs. In a lawsuit filed November 25 in federal court in San Francisco, Nokia claimed that Samsung and at least six other display makers unlawfully conspired to raise the price of displays above a competitive market level. Nokia is seeking unspecified damages and an injunctive relief.

Other manufacturers named in the suit include LG, Sharp, Hitachi, and Chunghwa Picture Tubes.

Read the full story here.

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  • i'm not surprised, the markup for samsung monitors are ridiculous.
    17
  • Other Comments
  • looks like we will all have to use those other manufacturers to play our crysis on now.
    -21
  • looks like we will all have to use those other manufacturers to play our crysis on now.
    -24
  • looks like we will all have to use those other manufacturers to play our crysis on now.
    -24