Target Sues Technicolor, Mitsubishi Over CRT Price-Fixing

Law360, Los Angeles (December 10, 2013, 6:33 PM EST) -- Target Corp. on Monday sued Technicolor SA, Mitsubishi Electric Corp. and others for allegedly fixing prices for cathode-ray tubes, the latest action to be filed in sprawling, years-old multidistrict litigation over the purported wide-ranging conspiracy.

The big-box retailer claims Technicolor, Mitsubishi and U.S. subsidiaries of those companies participated in an international scheme from March 1995 and November 2007 to artificially raise prices of CRTs imported into the United States while restraining competition. 

"As a purchaser of computer monitors, TVs and other devices that contained CRTs, Target suffered...
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