LCD Makers Face EU Probe

Source: Agencies | July 14, 2009, Tuesday |

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PHILIPS and South Korea's LG Display said yesterday they had got a charge sheet from the European Union's executive arm about suspected price-fixing on LCD panels.

The European Commission said earlier it had sent a "statement of objections" to some liquid-crystal display makers for suspected breach of cartel rules, but did not name the firms involved.

Philips said it got the sheet as a ex-shareholder of LG Display and this did not mean it was directly involved.

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LCD Makers Face EU Probe

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