AUO Tells 9th Circ. To Nix Price-Fixing Verdict, $500M Fine
By Beth Winegarner
Law360, San Francisco (October 18, 2013, 4:43 PM ET) -- AU Optronics Corp. and two of its executives urged the Ninth Circuit on Friday to reverse a jury's verdict finding them guilty of price-fixing liquid crystal display panels and fining them $500 million, arguing that they didn't violate the Sherman Act because the antitrust conspiracy took place entirely in Asia.
Attorneys for the Taiwanese company and its former President Hsuan Bin Chen and former Vice President Hui “Kuma” Hsiung argued that under the Ninth Circuit's ruling in Metro Industries, Inc. v. Sammi Corp., the government needed to...