Remember when Sharp and LG were fined for price fixing? Well, add Hitachi Displays LTD. to the list of the LCD manufacturers that took orders from the Smoking Man in backroom deals. Hitachi has pleaded guilty to Justice Department and agreed to pay out $31 million in fines. Three other companies have already been sentenced in what has been the largest ever anti-trust fines levied from the U.S. Dept. of Justice.
Discuss "Hitachi Pleads Guilty in LCD Price Fixing Scheme" here. Read the article.
I wonder where the 600 million goes? Should go back to the consumers, somehow.
I bet if you asked the government, it would go to the schools, or the elderly.