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Tag Archives: TV

EU fines TV, computer screen cartel with €1.47 Billion

Philips, LG Electronics, Samsung SDI and three other firms were fined a record €1.47 billion by EU antitrust regulators on Wednesday (5 December) for fixing prices of TV and monitor cathode-ray tubes for nearly a decade. The European Commission slapped the biggest penalty, of €313.4 million, on Dutch-based Philips. LG …

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