Best Buy, Chunghwa Settle LCD Price-Fixing Suit

Law360, New York (July 8, 2013, 2:38 PM EDT) -- Best Buy Co. Inc. has reached a settlement resolving an antitrust suit against Chunghwa Picture Tubes Ltd. that is part of multidistrict litigation over alleged price-fixing on liquid crystal display panels, according to a filing in California federal court.

Best Buy and Chunghwa submitted a joint stipulation July 3, explaining they had reached a “comprehensive confidential written settlement agreement,” under which the retailer's claims against Chunghwa would be dismissed. The settlement comes in advance of a trial set to start July 22, according to the stipulation....
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