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HDTV Almanac - LCD Makers in Court: Piling On

Started by alfredpoor • Aug 18, 2010 • 4 posts
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#1
Many of the major LCD panel manufacturers have already pleaded guilty to price fixing charges in U.S. federal courts — paying close to $1 billion in fines – and now the states are lining up to get a piece of the action in the form of defending their citizens who were ripped off by the [...]

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#2
Although the Feds and now the states are going after them with huge fines, what will this mean to the person who paid too much due to price fixing?

I predict that the consumer will either get a token amount, or nothing as the states and Feds use this for themselves.
#3
I expect that it will be something like a coupon off your next TV. The individual damage was small, but in aggregate it amounts to a large amount. That's what happens when you sell millions of a product.

Alfred
#4
Oh, but should I be so lucky as to come up with a product that would sell millions. I could have more toys. <:-))