Motorola Settles LCD Price-Fixing Suit Against Philips

Law360, New York (October 9, 2012, 3:01 PM EDT) -- Motorola Mobility LLC on Friday dropped price-fixing claims in California federal court against Philips Electronics North America Corp. in multidistrict litigation accusing several electronics makers of fixing liquid crystal display screen prices, after the companies reached a settlement.

U.S. District Judge Susan Y. Illston signed off on a stipulation to dismiss filed jointly by Google Inc. unit Motorola and Philips on Sept. 25, agreeing to toss allegations brought in Motorola's individual action against Philips and several other electronics makers. The suit was consolidated into a larger...
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