Cathode Ray Cos. Say 'Obsolete' Tech Poses No Cartel Threat

Law360, New York (October 5, 2012, 6:15 PM EDT) -- Hitachi Ltd., Panasonic Corp. and other electronics makers accused in multidistrict litigation of fixing cathode ray tube prices told a California federal court Thursday to toss the state of Florida's bid for an injunction, arguing that there is no threat of a continued CRT cartel.

The companies — Hitachi, Panasonic, Koninklijke Philips Electronics NV, LG Electronics Inc., Samsung SDI Co. Ltd. and Toshiba Corp. — said Florida's request for an injunction makes no sense because almost all of them no longer make products using CRTs, an...
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