Philips Shakes Retailer Price-Fixing Claims In LCD MDL

Law360, New York (October 3, 2012, 6:50 PM EDT) -- A California federal judge last week agreed to call off allegations of price-fixing in the liquid crystal display industry against Philips Electronics North America Corp. by purchasers of the LCD products, approving a pair of bids for dismissal within the larger multidistrict litigation.

U.S. District Judge Susan Y. Illston on Sept. 27 tossed individual claims against Philips brought by Target Corp., Sears Roebuck and Co. and other buyers of LCD products on which several MDL plaintiffs allege manufacturers colluded to fix prices, dismissing the claims with...
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