http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/ Engadget Comments for LG, Sharp plead guilty to LCD price-fixing, take $585m fine http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
Sounds like gouging to me. Gouging is bad so nail their ass!]]>Nov 12th 2008 3:44PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
good thing i returned my lg set...]]>Nov 12th 2008 3:48PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/:)]]>Nov 12th 2008 3:55PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:07PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/How about fining Apple for fixing the prices of their iPods, computers, and pretty much anything else they sell?
What about Texas Instruments and the TI-83/84 calculator that 95% of the US high school population is required to use in class? It still sells for $140 even though its based on technology from 1996!]]>Nov 12th 2008 4:28PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
What you're talking about is a Monopoly, where the company in question is able to charge significantly more than their competitors without losing sales because they're the biggest game in town.

This is more like if Apple, Microsoft, and Sandisk got together and agreed to sell their MP3 players at $1000 each no matter what so that the consumers wouldn't have a cheaper solution and the companies wouldn't have to deal with a price war.]]>Nov 12th 2008 4:46PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
I'm glad to see they are getting what's coming to them, but I can't help but wonder, how much did that price fixing make them? I'm sure it's more then the fees, even when you take cash depreciation into account....]]>Nov 12th 2008 5:48PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
1. Even if Microsoft and Apple don't cut their MP3 player prices, we still can get (way more better quality) MP3 players from such companies like iRiver, Cowon, Samsung, and more...

2. When it comes to the LCD business, Samsung is an indisputable leader which supplies most of LCD components/panels the world needs.

All in all, I don't think this fine for price-fixing is fair...]]>Nov 12th 2008 9:00PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 13th 2008 10:30AMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 13th 2008 11:29AMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 3:44PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:43PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Only LG thing I eve had was a phone, and I have to say that it was fucking overpriced for what I got.. Luckily I sold it and went back to my 5 year old Nokia - which beats the crap out of the LG - and am patiently waiting for the Touch HD to reach my stores :p]]>Nov 12th 2008 3:44PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
I am glad they got nailed for the scummy stuff.]]>Nov 12th 2008 4:11PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 13th 2008 10:32AMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 3:49PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 3:59PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Was it even a war?

Probably a civil war.]]>Nov 12th 2008 5:08PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 5:19PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 7:27PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Ohhhhh... sorry for not searching wikipedia before I spout stupid things on stuff I don't give a crap about.]]>Nov 12th 2008 10:34PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
Mugging tens of millions dollars from almost everyone with a PC "10 to 30 percent pay cut for three months as punishment"]]>Nov 12th 2008 3:58PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 3:58PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
That's right, from your own pocket.

"PWNED" would be more suitable in this context, so PWNED.]]>Nov 12th 2008 4:00PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
US Department of Justice: "are you colluding?"

LG: "F-NO!"
SHARP: "Say what?"
Chungawunga: "No way!"

simple as that... just lie.]]>Nov 12th 2008 3:59PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
"Hey, did you kill that guy?"
"nope"
"OK, that's good enough for me. Thanks for coming in."

You would think these wanks would have learned from Samsung's memory fiasco. Proof that the penalties for collusion are not strong enough. I say don't buy their crap and support their competitors. ]]>Nov 12th 2008 6:24PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 3:59PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
Here's an idea. If we can find 1,000 companies that have done US consumers wrong over the past decade, we might be able to pay off that $700 billion after all.]]>Nov 12th 2008 4:00PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:02PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:06PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:09PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:11PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:18PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:48PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:57PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 4:35PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
Its not like Sharp and LG are the only two who produce LCD's.]]>Nov 12th 2008 5:10PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 6:52PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 5:51PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 6:04PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
You only get $700,000/mo for the next 3 months!

That'll show you!!]]>Nov 18th 2008 2:48PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/]]>Nov 12th 2008 6:05PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 6:18PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 6:47PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 6:58PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 7:49PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 12th 2008 7:56PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
ie. I will be damned if I buy a Sharp or LG product in the near future. I rather pay more.]]>Nov 13th 2008 12:26PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/Nov 18th 2008 2:52PMhttp://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/http://www.engadget.com/2008/11/12/lg-sharp-plead-guilty-to-lcd-price-fixing-take-585m-fine/
Sounds like you don't know what you're talking about!

1. Even if Microsoft and Apple don't cut their MP3 player prices, we still can get (way more better quality) MP3 players from such companies like iRiver, Cowon, Samsung, and more...

2. When it comes to the LCD business, Samsung is an indisputable leader which supplies most of LCD components/panels the world needs... Without a market leader's help, the price-fixing is virtually impossible...

All in all, I don't think this fine for price-fixing is fair... stupid nationalists at USDJ are just picking on wrong guys!]]>Nov 12th 2008 9:09PM