Thursday, September 20, 2012

LCD Price Fixing



 
UNITEDSTATES OF AMERICA v. AU OPTRONICS CORPORATIONThe government recommends that the Court sentence AU Optronics Corporation (“AUO”) to pay a $1 billion fine and its top executives, H.B. Chen and Hui Hsiung, to serve ten years in prison and pay $1 million fines. These defendants and AUO’s subsidiary, AU Optronics Corporation America (“AUOA”), were central figures in the most serious price-fixing cartel ever prosecuted by the United States.

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