JFTC Slams Samsung, MT Picture In CRT Cartel Probe

Law360, New York (October 7, 2009, 5:53 PM EDT) -- Japan’s Fair Trade Commission has sent a cease-and-desist letter to MT Picture Display Co. and Samsung SDI Co. Ltd. requiring them to take measures to prevent further price-fixing in the market for the cathode ray tubes used in TVs, following the agency’s investigation into their alleged involvement in an international cartel.

The JFTC’s letters, published Wednesday on its Web site, asked Samsung and MT Picture Display to confirm that any meetings with other companies regarding the pricing for CRTs would be discontinued and to pledge that...
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