[Reuters] Philips, LG Electronics, 4 others fined $1.92 billion for EU cartel

Posted by: UGN Security

[Reuters] Philips, LG Electronics, 4 others fined $1.92 billion for EU cartel - 12/05/12 11:21 AM

BRUSSELS (Reuters) - Philips, LG Electronics, Samsung SDI and three other firms were fined a record 1.47 billion euros ($1.92 billion) by EU antitrust regulators on Wednesday for fixing prices of TV cathode-ray tubes in two cartels lasting nearly a decade.