Taiwan LCD Giant Charged In $500M Price-Fixing Scam

Law360, New York (June 10, 2010, 4:50 PM EDT) -- A federal grand jury in San Francisco has returned a superseding indictment against AU Optronics Corp., charging the Taiwanese thin-film transistor liquid crystal display panel producer, a U.S. subsidiary and six executives with participating in a $500 million price-fixing scheme.

Hsinchu, Taiwan-based AU Optronics and Houston-based AU Optronics Corp. North America violated the Sherman Act by conspiring with other industry players between September 2001 and December 2006 to restrain trade in the TFT-LCD market, according to an indictment returned Thursday in the U.S. District Court for...
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