Editing Price fixing (section)

=== Liquid crystal displays ===
In 2008 in the US, [[LG Display Co.]], Chunghwa Picture Tubes and [[Sharp Corp.]], agreed to plead guilty and pay $585 million in criminal fines<ref>{{cite news|url=https://money.cnn.com/2008/11/12/news/international/pricefixing/index.htm|work=[[CNN]]|last=Frieden|first=Terry|title=$585 million LCD price-fixing fine|date=November 12, 2008|access-date=January 20, 2023|location=Washington, D.C.}}</ref><ref>{{cite web|url=https://www.justice.gov/archive/opa/pr/2008/November/08-at-1002.html|title=LG, Sharp, Chunghwa Agree to Plead Guilty, Pay Total of $585 Million in Fines for Participating in LCD Price-fixing Conspiracies|website=justice.gov|publisher=[[United States Department of Justice]]|access-date=January 20, 2023|location=Washington, D.C.}}</ref> for conspiring to fix prices of [[liquid crystal display]] panels.

South Korea–based [[LG Display]] would pay $400 million, the second-highest criminal fine that the [[United States Department of Justice Antitrust Division|US Justice Department antitrust division]] has ever imposed. Chunghwa would pay $65 million for conspiring with LG Display and other unnamed companies and Sharp would pay $120 million, according to the department.<ref>{{cite news|url=https://www.bloomberg.com/apps/news?pid=20601080&sid=aP1P0CBFZssE&refer=asia|work=[[Bloomberg News]]|last=Bliss|first=Jeff|title=LCD Makers Will Plead Guilty in Price-Fixing Scheme (Update2)|archive-url=https://web.archive.org/web/20121023082042/http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aP1P0CBFZssE&refer=asia|archive-date=October 23, 2012|date=November 12, 2008|url-access=subscription}}</ref><ref>{{cite news|url=https://www.reuters.com/article/lcd-doj-idUKN1246651020081112|title=UPDATE 2-LG Display, Sharp, Chunghwa say guilty in LCD case|work=[[Reuters]]|date=November 12, 2023|access-date=January 20, 2023}}</ref>

In 2010, the [[EU]] fined LG Display €215 million for its part in the [[LCD]] price fixing scheme.<ref>{{cite web|url=https://www.bloomberg.com/news/2010-12-08/six-lcd-panel-makers-fined-649-million-by-european-union-for-price-fixing.html|title=LCD-Panel Makers Fined $649 Million by European Union for Price Fixing|last=White|first=Aoife|publisher=[[Bloomberg News]]|date=December 8, 2010|access-date=January 20, 2023|url-access=subscription}}</ref> Other companies were fined for a combined total of €648.9 million, including [[Chimei Innolux Corporation|Chimei Innolux]], [[AU Optronics]], Chunghwa Picture Tubes Ltd., and [[HannStar Display Corporation|HannStar Display Corp.]]<ref>{{cite press release|url=https://ec.europa.eu/commission/presscorner/detail/en/SPEECH_10_736|title=Joaquín Almunia Vice President of the European Commission responsible for Competition Policy Press conference on LCD cartel, Visa and French chemists' association decisions Press conference Brussels, 8 December 2010|date=December 8, 2010|website=europa.eu|publisher=[[European Commission]]|access-date=January 20, 2023}}</ref> LG Display said it is considering appealing the fine.<ref>{{cite news|url=https://www.koreatimes.co.kr/www/news/tech/2010/12/133_77753.html|title=2 LCD giants face contrasting fates|newspaper=[[The Korea Times]]|last=Kim|first=Yoo-chul|date=December 9, 2010|access-date=January 20, 2023}}</ref>{{update needed|date=February 2025}}