CARTELS : COURT SCALES DOWN FINES ON INNOLUX AND LG DISPLAY.
| Position | Brief article |
InnoLux and LG Display are relieved: the fines imposed on them for their participation in a cartel were scaled down, on 27 February, by the EU General Court, which ruled that the amounts set by the European Commission in 2010 were based on miscalculations (Cases T91/11 and T-128/11).
On 8 December 2010, the EU executive fined six South Korean and Taiwanese manufacturers of liquid crystal display (LCD) panels a total of 648.925 million for operating a cartel from October 2001 to February...
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