• Kyodo News


The Fair Trade Commission said Thursday it has ordered Sharp Corp. to pay a fine of ¥261.07 million by March 19 for allegedly fixing prices with Hitachi Displays Ltd. for liquid crystal display modules used in Nintendo Co. game consoles.

While the FTC did not levy a fine on Hitachi Displays, both companies were given a cease-and-desist order. Sharp said it may challenge the order.

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