Sharp settles LCD price fixing dispute with Dell and others for $200 million
In an LCD panel price fixing tiff that's been raging on for what seems like time incarnate, Sharp has settled with Dell and two unnamed companies for $198.5 million to make it go away. Japanese panel makers like LG, Samsung and Toshiba are also defendants in the legal dragnet, and numerous fines and settlements totaling more than a billion dollars have already been paid out to the likes of AT&T and the US Department of Justice. This decision comes hot on the heels of an $87 million setback in court for Toshiba -- a ruling that may have taken the edge off of Sharp's defense.
