Panasonic Unit Challenges JFTC Order Over CRTs

Law360, New York (November 9, 2009, 4:23 PM EST) -- Panasonic Corp. subsidiary MT Picture Display Co. Ltd. and its overseas subsidiaries have filed for a hearing to challenge cease-and-desist and surcharge payment orders issued against them by the Japanese Fair Trade Commission in connection with the sale of cathode ray tubes.

MT Picture Display, PT.MT Picture Display Indonesia, MT Picture Display (Thailand) Co. Ltd. and MT Picture Display (Malaysia) Sdn. Bhd plan to challenge the JFTC's Oct. 7 order accusing them of illegal behavior with respect to CRT sales to certain consumers in Asian countries...
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