News Articles

Tuesday, December 1, 2009

Nokia says it overpaid for LCD screens and wants its money back

Nokia is suing Samsung, LG, Philips, Toshiba, Hitachi, Sharp and a number of other companies for price-fixing. The complaints relate to LCD screen manufacturers in the USA and the UK, plus cathode ray tube manufacturers in the UK. Nokia says it wants damages for products sold in 2006, although it's not specified an amount.

Some of the companies have already paid fines following a price-fixing investigation by the US Department of Justice – and the European Union is also looking into display price-fixing. [Sources: PCWorld.com; Reuters.com; Bloomberg.com]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 2803

Tags:

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«December 2024»
MonTueWedThuFriSatSun
2526272829301
2345678
9101112131415
16171819202122
23242526272829
303112345

Archive

Terms Of Use | Privacy Statement