 LCD manufacturers busted for price fixing?, 2006-12-14 - Your reactions |
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 Dec 14 2006, 09:31 AM
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 the big fish  Group: Moderators Posts: 301 Joined: 24-September 06 From: France Member No.: 16  |
Source: ARS
Well, looks like price fixing is a recurrent habit amongst big companies [in France, the three major cellphone network companies have recently been fined a hefty 300 million for price fixing], and that LCD manufacturers don't want to be left behind. Japanese, US and Korean authorities have started investigations on Samsung, Sharp, NEC, LG Philips and some other LCD makers. They are thought to have had talks to artificially maintain high prices on their respective products, when competition should have driven the prices down. In any case, it ill probably take years for anything to happen... So don't expect the price of LCD TVs and monitors to plummet anytime soon ;-) [translation by moose] |
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Dec 14 2006, 02:57 PM
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 Currently present... Group: Moderators Posts: 1,478 Joined: 1-October 06 From: SG (currently) Member No.: 150 |
So that's the secret of Dell's low pricings on their LCDs! Nice news, the moose's out of the bag!!
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