DS screen manufacturer accused of price fixing
We reported back in February that Sharp and Hitachi, two tech industry juggernauts who are responsible for supplying the DS with its LCD screens, were under investigation for their suspected collusion to control the price of said screens. Earlier this week, the Japan Fair Trade Commission concluded their investigation, and accused Sharp of violating the nation's "Antimonopoly Act", ultimately fining the company 261.07 million yen ($3 million).
In a statement delivered on Thursday, Sharp agreed to "strengthen [their] effort of compliance with law and business ethics," though they denied that they participated in activities that violated the Antimonopoly Act, stating that two manufacturers alone would be unable to control the market in the manner the JFTC has accused them of. They stated that they are looking into their "next steps," and are considering a hearing request.
