The Associated Press is reporting:
NOKIA CORP., THE WORLD’S BIGGEST MOBILE PHONE MAKER, said Tuesday it has filed suits against several leading liquid crystal display makers — including Philips, Toshiba, Sharp and Samsung — for alleged price fixing.
Nokia spokesman Mark Durrant said the suits — filed last month in the United States and Britain — came amid international criminal investigations in the U.S., the European Union “and elsewhere.”
The companies, or their subsidiaries, named in the suits are AU Optronics Corp., Hitachi Ltd., LG Electronics Inc., Philips Electronics NV., Samsung Electronics Co., Seiko Epson Corp., Sharp Corp. and Toshiba Corp., Durrant said
Nokia further says that the criminal investigations are looking at cartel activity in the industry that makes cathode ray tubes (CRT) as well as the LCD’s. The lawsuit was filed November 25 in San Francisco and is based on federal and state antitrust claims. Nokia is seeking unspecified damages, as well as an injunction that would bring a halt to the alleged collusion.
Bloomberg has filed a REPORT HERE that says three of the criminal defendants have already pleaded guilty to the charges brought by the U. S. Dept. of Justice.
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