Another day, another company pleading guilty to their role in a massive
global price-fixing conspiracy
surrounding the MSRP of LCDs. The Taiwan-based HannStar Display agreed (grudgingly, we surmise) this week to cough up a whopping $30 million for its role in the scheme, marking the seventh company to "plead
or agree to plead guilty as a result of the department's investigation
into the LCD industry." All told, the US Department of Justice has seen some $890 million
paid out and 17 executives charged, with HannStar in particular being pegged for violating the Sherman Act during its participation in the conspiracy from September 2001 to January 2006. So, anyone up for being lucky number eight?