Toshiba Unit CEO Says He Never Heard of LCD 'Panel Cartel'

Law360, San Francisco (August 14, 2013, 10:02 PM EDT) -- The CEO of a Toshiba Corp. unit that sells laptops in the Americas never heard anyone mention a liquid crystal display panel price-fixing cartel, the executive testified Wednesday in a multidistrict trial over whether Toshiba and HannStar Display Corp. sold to Best Buy Corp. products containing LCDs secretly price-fixed in Taiwan.

Best Buy, Toshiba and HannStar are the last remaining parties in the sprawling MDL launched in 2006 following an investigation by the U.S. Department of Justice and European, Japanese and South Korean antitrust regulators that ended with...
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