Target, Sears Sue Over LCD Price-Fixing

Law360, New York (November 3, 2010, 2:25 PM EDT) -- Target Corp., Sears Roebuck & Co., RadioShack Corp. and four others have become the latest retailers to fire off a complaint seeking to recover damages they incurred as a result of an alleged price-fixing conspiracy orchestrated by liquid crystal display panel manufacturers including Sharp Corp. and Toshiba Corp.

This long-running scheme caused the three retailers, along with fellow plaintiffs Kmart Corp., Old Comp Inc., Good Guys Inc. and Newegg Inc., to pay artificially inflated prices for LCD panels they purchased from the defendants and their co-conspirators...
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