Breaking News

GoPro Unveils GP3 Lenovo Unveils Adaptive AI PCs, Modular Concepts, and Lenovo Qira Rollout at MWC 2026 Say hello to MacBook Neo Seagate Delivers Industry’s Highest Capacity Hard Drives with Next-Generation Mozaic 4 Plus ZTE Launches Linkpro plus Wi-Fi 8 Solution at MWC Barcelona 2026

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

European Court Confirms LCD Panel Cartel Fine for LG Display

European Court Confirms LCD Panel Cartel Fine for LG Display

Enterprise & IT Apr 23,2015 0

The Court of Justice of the European Union has dismissed LG Display's appeal and confirmed a €210 million fine to the Korean display maker for its participation in a cartel on the market for LCD panels. In 2010 the European Commission (EC) imposed fines totalling €648.925 million on six Korean and Taiwanese producers of liquid crystal display
panels, because of their participation in a cartel from 2001 until 2006.

One of the largest fines, amounting to €215 million, was imposed on LG Display. In 2014 the General Court essentially upheld that decision but reduced by €5million the fine imposed on LG Display.

LG Display then brought an appeal before the Court of Justice seeking a greater reduction in the fine, without any success.

LG Display argued that the Commission, in calculating the fine, should not have taken into account panel sales to the company's then parents LG Electronics and Philips. It said those sales could not have been affected by the cartel as they were made at a preferential price.

However, the court said that these should be considered as sales to independent third parties.

Philips sold off its stake in LG Display in 2008, until when the company was called LG Philips LCD.

The largest fine, of 300 million euros, was imposed on Innolux. It has also appealed against its fine, which was trimmed last year to €288 million.

Tags: LG Display
Previous Post
LG Watch Urbane Smartwatch Rolls Out Worldwide
Next Post
Qualcomm Lowers Current Quarter Forecast

Related Posts

  • LG Display to unveil strategic OLED lineup built on best-in-class technology at CES 2026

  • LG Display unveils world’s first 240Hz RGB stripe OLED panel

  • LG Display 4th-Generation OLED Panel obtains industry’s first Perfect Reproduction Verification

  • LG Display Begins Mass Production of Ultimate Gaming OLED Panel with 4th-Generation OLED Technology

  • Securing a Future Market Lead Through OLED Technology Differentiation

  • LG Display to Showcase World's Best Solutions for Future Mobility at SID Display Week 2025

  • LG Display Becomes Worlds First to Verify Commercialization of Blue Phosphorescent OLED Panels

  • LG Display Earns Industrys First UL Solutions Eyesafe Verification for TVs and Monitors

Latest News

GoPro Unveils GP3
Cameras

GoPro Unveils GP3

Lenovo Unveils Adaptive AI PCs, Modular Concepts, and Lenovo Qira Rollout at MWC 2026
Enterprise & IT

Lenovo Unveils Adaptive AI PCs, Modular Concepts, and Lenovo Qira Rollout at MWC 2026

Say hello to MacBook Neo
Enterprise & IT

Say hello to MacBook Neo

Seagate Delivers Industry’s Highest Capacity Hard Drives with Next-Generation Mozaic 4 Plus
Enterprise & IT

Seagate Delivers Industry’s Highest Capacity Hard Drives with Next-Generation Mozaic 4 Plus

ZTE Launches Linkpro plus Wi-Fi 8 Solution at MWC Barcelona 2026
Enterprise & IT

ZTE Launches Linkpro plus Wi-Fi 8 Solution at MWC Barcelona 2026

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Soundpeats Pop Clip

Soundpeats Pop Clip

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed