Toshiba Can't Exit Best Buy LCD Price-Fixing Case

Law360, New York (July 09, 2013, 1:12 PM ET) -- A California federal judge on Monday denied Toshiba Corp.'s late-stage bid to escape Best Buy Co. Inc.'s claims in multidistrict litigation, saying there was enough evidence to suggest that Toshiba may have conspired to fix liquid crystal display prices.

U.S. District Judge Susan Illston shot down a summary judgment motion filed by Toshiba in Best Buy's case alleging that Toshiba and other LCD makers conspired to fix prices on the panels, according to an order. Best Buy's case — scheduled to begin trial in less than...
To view the full article, register now.