AT&T sues LG, Samsung, others alleging LCD price-fixing ‘conspiracy’
Posted in: att, LG, samsung, Today's Chili
A cellphone without an LCD isn’t much of a cellphone. Alright, yes, there are exceptions to the rule, but generally speaking, LCDs still rule the industry, which makes it a ripe target for nefarious price-fixing schemes to take root — something that LG and Sharp are well-acquainted with coming off a stinging half-billion dollar verdict last year. All the talk of artificially inflated display pricing recently must’ve spooked AT&T, because they’ve gone ahead and filed a lawsuit in San Francisco today alleging that LG, Samsung, Chunghua, AU Optronics, and others all conspired to boost component prices during a period in which the carrier bought some 300 million handsets. That’s a boatload of phones — several times AT&T’s total subscriber base — and we’re guessing the result could be a significant cash outlay if they’re successful with the suit. Does this mean free Mythics for everyone?
[Via Phone Scoop]
Filed under: Cellphones, Displays
AT&T sues LG, Samsung, others alleging LCD price-fixing ‘conspiracy’ originally appeared on Engadget on Wed, 21 Oct 2009 12:32:00 EST. Please see our terms for use of feeds.
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