Nokia sue manufacturers of the LCD

Nokia raised the issue of accusing the 11 manufacturer of LCD panels used by Nokia in its complicity in order to stabilize the prices of their products in the market.
Companies including: Toshiba, Philips, Samsung, Sharp, LG, Hitachi, Epson, and other …

Finnish company case was filed in U.S. District Court in northern California and have also taken a similar case in a British court.

Nokia explain the reason for raising the issue that these companies colluded to manipulate market prices in the period between 1996 to 2006. This caused material damage to the company. Nokia hopes to receive compensation has not been determined in addition to the decision to prevent companies from engaging in such collusion again.

It is noteworthy that some of these companies as LG Electronics, for example, has been condemned in an earlier U.S. investigation in the case of similar price-fixing.

As you know, The European Union also began watching the market-mail extensively and without any mercy against any attempt to manipulate prices or monopoly. It was among the victims of this censorship by major companies such as Microsoft and Intel.

What is new - Techyegg.com