CORRECTED: AUO Exec 'Dove In' to LCD Price-Fixing Cartel, Jury Hears

Law360, San Francisco (September 23, 2013, 8:48 PM EDT) -- AU Optronics Corp. executive Richard Bai attended secret meetings in Taiwan with competitors and ordered his subordinates to fix prices in liquid-crystal display panels at those meetings, federal prosecutors told a California federal jury Monday during opening statements in Bai's trial on antitrust charges.

Bai, whose Chinese name is Borlong Bai, headed the AUO division that sold LCD panels to major customers in the United States, including Apple Inc., Dell Inc. and Hewlett Packard Co., U.S. Attorney Heather Tewksbury said Monday. In 2003, he attended his...
To view the full article, register now.