Nokia can proceed in its UK antitrust lawsuit against several liquid crystal display (LCD) makers, a High Court judge has ruled, dismissing Samsung and Hitachi’s bid to stop it on procedural grounds.

A federal jury has convicted AU Optronics and two of its executives of colluding with its rivals to fix the price of liquid crystal display (LCD) monitors, securing a significant victory for the US Department of Justice’s antitrust division and leaving the company facing a potential US$1 billion fine.

Seven electronics manufacturers, including Samsung and Sharp, reached a settlement of US$553 million with a group of indirect purchasers yesterday, marking what may be the largest indirect purchaser antitrust settlement in US history.

Eight LCD manufacturers, including Samsung Electronics and Sharp, have agreed to pay a total of US$388 million to settle an antitrust class action in the US.

Korea’s Fair Trade Commission (KFTC) has fined 10 makers of liquid crystal display (LCD) flat screens 194 million won (€124 million) for price fixing in the markets for computer monitors and televisions between 2001 and 2006.

A US appeals court has ruled that lawsuits filed by state attorneys general on behalf of residents are not the same as class actions and should be tried on the state level, rather than in federal courtrooms.

A US court has rejected a request from AU Optronics and several other electronics companies to dismiss a lawsuit brought by the state of New York. The suit alleges price fixing by the electronic companies on liquid crystal display (LCD) products.

The European Commission today issued a €648 million fine against six liquid crystal display (LCD) panel manufacturers for alleged price fixing and cartel behaviour in Europe.