Sony Units Drop LCD Price-Fixing Suit Against LG

Law360, New York (April 4, 2013, 2:51 PM EDT) -- Two Sony Corp. units on Wednesday dropped antitrust claims they brought against LG Display Co. Ltd. in California federal court, which are part of a multidistrict litigation over price-fixing by liquid crystal display panel makers.

In a stipulation of dismissal, Sony Electronics Inc. and Sony Computer Entertainment America LLC agreed to dismiss all claims against LG with prejudice and LG similarly agreed to toss all counterclaims. It was unclear from court documents if the parties had reached a settlement. Representatives from the companies couldn't immediately be...
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