AUO, Kodak Settle LCD Price-Fixing Fight

Law360, New York (July 18, 2013, 5:14 PM EDT) -- Eastman Kodak Co. told a California federal judge Wednesday it has reached a settlement resolving its allegations in multidistrict litigation that AU Optronics Corp. conspired with other electronics companies to fix prices on liquid crystal display panels.

In a letter to U.S. District Judge Susan Illston, who is presiding over the consolidated LCD price-fixing litigation, Kodak said it had come to an “agreement in principle” with AUO to settle the case. Because Kodak is in bankruptcy, the deal is conditioned on approval from the court overseeing...
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