Wash. AG Latest To Accuse LCD Makers Of Cartel

Law360, New York (August 12, 2010, 2:16 PM EDT) -- Washington Attorney General Rob McKenna has joined three other state attorneys general in hitting Samsung Electronics Co. Ltd., Hitachi Ltd. and six other technology companies with a lawsuit alleging they conspired to fix prices and limit production of liquid crystal display screens.

The companies took part in a cartel that met regularly from November 1998 through November 2006 to set prices, optimize production levels and exchange information about future prices for the screens, according to a complaint filed Wednesday in the King County Superior Court in...
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