Best Buy Resolves LCD Price-Fixing Claims Against Chimei

Law360, New York (June 27, 2013, 1:56 PM EDT) -- A California federal judge on Wednesday approved an agreement releasing Chimei Innolux Corp. from a Best Buy Co. Inc. antitrust suit rolled into multidistrict litigation alleging a price-fixing conspiracy among makers of liquid crystal display panels.

U.S. District Judge Susan Illston signed off on a stipulation that dismisses Chimei and several affiliates from an antitrust action lodged by Best Buy. Best Buy's case — which initially targeted Chimei along with several other companies allegedly involved in price-fixing on LCD panels, including LG Display Co. Ltd., Toshiba...
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