http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/ Engadget Comments for LCD price fixing investigation reaches $860 million in total fines, Chi Mei latest to 'fess up 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/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 9:18AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 9:20AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/They never will. In fact, the Democrats are currently trying to strengthen unions by getting rid of the private ballot voting system which is where most calls for unionization are voted down. Its this kind of crap which makes me unable to identify myself as a Democrat.]]>Dec 14th 2009 9:58AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
I don't know, you will have to ask the Taiwan government when they will crack down on unions since none of these are US based companies and has nothing to do with US based unions.]]>Dec 14th 2009 2:24PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/*runs to mailbox to look for check*]]>Dec 14th 2009 9:25AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Seriously where is my check... ]]>Dec 14th 2009 10:05AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
If you divide 860 Million by the people effected the check would be so small that it wouldn't even cover the movie tickets you buy for Avatar this weekend.]]>Dec 14th 2009 10:22AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 9:33AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
Sure mate, those greedy companies will pass the fine to you conveniently included in the price of the next thing you buy from them. As for the tax compensation, keep dreaming. The government should use the money to build hospitals with a giant sign on their door saying "this was made with money from LG's stupid shareholders".
And about those fines, since they continue doing it, I don't see the point...

P.s. @Engadget, please, if you want us to use Firefox just state it openly. Browsing a page here or commenting under IE8 it is just a frackin' nightmare]]>Dec 14th 2009 10:53AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Well I was talking about the middle men who buy from the LCD manufacturers getting fined. I don't see LCD monitor or TV prices going down as a result of this.]]>Dec 14th 2009 11:25AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 1:08PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
I switched to Firefox, but I found that there is a serious script error when using 32bit IE, but if you use 64bit IE, it works perfectly. Try the 64bit IE, otherwise, you have to use something like Firefox.]]>Dec 14th 2009 1:45PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/I'm not sure Microsoft will forgive you for switching to a better browser but good luck.]]>Dec 14th 2009 1:52PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/

"we just made 860 million...lets go spend 1.8 billion dollars!"]]>Dec 14th 2009 9:47AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/]]>Dec 14th 2009 9:52AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/ditto, the savings don't go to the consumers... plus they can always find a different supplier they have to buy it from chi mei. this stunt is so nokia and other companies and some government entity to pocket the money into their project slush fund.

Obama: Our administration has found some savings of 860 million dollars but that has been earmarked for government contingencies and also for us to use it to help further the economy ie war spending.]]>Dec 14th 2009 7:27PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 9:55AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/That's what happens when you give liberals free reign. ]]>Dec 14th 2009 11:15AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
Isn't there also a mandatory 10% state tax on all wages on TOP of all the usual state taxes to bail out the state budget crisis caused by the ineptitude of the Cali politicians?

I would call that criminal as well. Welcome to the Welfare State of California.]]>Dec 14th 2009 1:04PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 1:10PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
Vote for/against the person, not for/against the party.]]>Dec 14th 2009 1:14PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 9:57AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
Also, do you really think that simply letting them continue with their price-fixing (which is what happens if they're not forced to pay a stiff fine) is in any way beneficial to the consumers? I mean, seriously?

Some people...]]>Dec 14th 2009 10:40AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 10:53AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
The point of these procedures though is to help the consumer by seeing better prices in the store. Now if anything, prices are going to go up because these fines are so large. There has to be a median point that gets the message across but doesn't completely destroy the entire reason of this procedure. Give the people involved at the company some jail time instead. That doesn't cost the company anything, and they will be forced to find new people to run the company.]]>Dec 14th 2009 1:10PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 2:29PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
You can't jail a few INDIVIDUALS to teach a COMPANY a lesson.

And anyway, I VERY much doubt that the US DoJ has any authority concerning Taiwanese people...but hey, never let reality get in the way of demanding both ridiculous and useless penalties...]]>Dec 14th 2009 4:59PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 10:34AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
No, don't count on it. ]]>Dec 14th 2009 11:16AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
These price fixing scandals have happened before in tech (most recently DRAM) and other industries (such as airlines ..google it).

And well DRAM prices ironically enough were dropping until the scandal broke out now they are stable. And airlines .. well have you tried pricing a ticket lately .. fat difference it made.
]]>Dec 15th 2009 3:00AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 11:05AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 11:08AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
You probably won't see any dramatic changes in pricing, but the fines are imposed in an effort to thwart future occurrences of price fixing.]]>Dec 14th 2009 3:54PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Get in with consumer electronic companies and have them over charge 50% and then get "fined" 30% of profit and keep the rest.]]>Dec 14th 2009 11:27AMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
That said, LCD monitor prices are always dropping - if anything it's HDTV prices that seem artificially high.]]>Dec 14th 2009 12:15PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/
Yeah to say the least. And where is my $80 Chi Mei?]]>Dec 14th 2009 12:17PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/]]>Dec 14th 2009 12:28PMhttp://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/http://www.engadget.com/2009/12/14/lcd-price-fixing-investigation-reaches-860-million-in-total-fin/Dec 14th 2009 1:11PM