[Reuters] EU imposes record $1.92 billion cartel fine on Philips, five others

Posted by: UGN Security

[Reuters] EU imposes record $1.92 billion cartel fine on Philips, five others - 12/05/12 07:01 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 for fixing prices of TV and monitor cathode-ray tubes for nearly a decade.