LG.Philips subpoenaed in LCD competition probe

LG.Philips is the subject of an investigation by authorities in Korea, Japan and the U.S. into possible anticompetitive activity in the LCD market

First it was chips, now it's LCDs . Authorities around the globe are investigating possible anticompetitive conduct in the LCD industry, according to activity at LG.Philips LCD offices.

Last Friday, officials from the Korean Fair Trade Commission visited LG Philips' offices in Seoul as part of an investigation into possible anticompetitive behaviour, the company said.

In addition, the Japanese Fair Trade Commission issued a notice to LG Philips' offices in Tokyo. and the US Department of Justice (DOJ) issued a subpoena to LG.Philips' offices in California, it said.

Philips will cooperate with the investigation. It was not immediately known if other LCD companies had also been targeted.

Authorities around the globe are already investigating other chip markets for possible anticompetitive behaviour, including price fixing, and some companies have been fined. This was the first indication of an investigation into the LCD market.

The DOJ recently subpoenaed AMD as part of an investigation into the graphics processor market. It has fined companies for price-fixing in the DRAM market, and is also currently investigating similar issues in the Static RAM sector.

LG Philips, a joint venture of LG Electronics and Philips Electronics, is one of the largest makers of LCD screens. It competes with Samsung Electronics and Sony, among others.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Nancy Gohring

IDG News Service
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?