NEW YORK – Sharp Corp., Hitachi Displays Ltd., Epson Imaging Devices Corp. and four other companies have agreed to pay $538 million (¥41.8 billion) to settle a price-fixing suit in the United States involving liquid crystal displays for personal computers and TVs.
The seven companies allegedly formed a cartel to artificially inflate prices for the LCD screens in question, New York Attorney General Eric Schneiderman said on Tuesday.
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