P.C. Richard Sues Toshiba, Sharp, Others for LCD Price Fixing
Toshiba Corp., Sharp Corp. and at least 13 other makers of liquid-crystal displays were sued by retailer P.C. Richard & Son Inc. over claims they conspired to fix prices.
Beginning about 1996, the companies “met in person or communicated by other means to agree on LCD product prices and the amount of LCD products each would produce,” according to the complaint filed today in federal court in Brooklyn, New York.