New York Alleges LCD Price-Fixing By LG, Hitachi, Samsung, and Sharp

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Accusations of price fixing like those now being filed in New York are nothing new, but as it turns out, the penalties don’t really stick. LG and Sharp paid hundreds of millions in a settlement back in 2008, Hitachi had its own scandal in 2009, and Sharp is already the defendant in a Dell lawsuit also alleging price fixing. Samsung seems to be the new kid on the block, but I think they can probably hold their own.

What does it mean to the consumer? Probably the same it meant the last three times: very little.

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