• Gizmodo
  • bestmodo
  • lifehacker
  • kotaku
  • Profile logout login

#justicedepartment

Gizmodo

Share Cancel
   
Upload an image | Add an image URL
×

logging in
  • FAQ. Include # before tag:
  • #tips,
  • #dealzmodo,
  • #rumors,
  • #broken,
  • #iphoneapps,
  • #apple,
  • etc.

New York, 7:23 AM
Sat Dec 5
77 posts in the last 24 hours

FR | IT | DE | SP | JP | AU | BR

Gizmodo Team

Tip your editors:

Editorial Director:
Brian Lam | | Twitter

Editor:
Jason Chen
| AIM | Twitter

Features Editor:
Wilson Rothman
| Twitter

Senior Contributing Editors:
Jesus Diaz
| AIM | Twitter
Mark Wilson, Reviews
| AIM | Twitter

Contributing Editors:
Matt Buchanan
| AIM | Twitter
Adam Frucci
| Twitter
Sean Fallon
| Twitter
Jack Loftus
| Twitter
John Herrman
| Twitter
Dan Nosowitz

Chris Mascari

Danny Allen
| Twitter
Rosa Golijan
| Twitter
Chris Jacob

Columnist:
Brendan I. Koerner

Interns:
Don Nguyen

Kyle VanHemert

Heroes and Friends

Comment Account Questions:

SUBSCRIBE TO Gizmodo RSS

New: Breaking news and daily top stories via email
9515 Subscribers
Gizmodo
  • posts about #justicedepartment more →

    LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing

    Justice Department Just Wants to Know Who LonelyGirl15 Really Is
  • Your version of Internet Explorer is not supported. Please upgrade to the most recent version in order to view comments.
    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of mrtech mrtech
    11/12/08

    In reply to LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing
    When does 400+120+65=580??? Who is getting the 5 million discount?
     Reply
    mrtech was starred mrtech was unstarred
    Image of Lite: hates Illinois Nazis Lite: hates Illinois Nazis
    11/12/08

    @mrtech: Welcome to government math.
     Reply
    Lite: hates Illinois Nazis was starred Lite: hates Illinois Nazis was unstarred
    Image of Roland Rat Roland Rat
    11/12/08

    In reply to LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing
    Same with Sushi price fixing in foodstores- how do they get away with it :-(
     Reply
    Roland Rat was starred Roland Rat was unstarred
    Image of Lite: hates Illinois Nazis Lite: hates Illinois Nazis
    11/12/08

    @Roland Rat: Because you stop an purchase food from places like Whole Paycheck (Foods?)
     Reply
    Lite: hates Illinois Nazis was starred Lite: hates Illinois Nazis was unstarred
    Image of Kaiser-Machead Kaiser-Machead
    11/12/08

    @Lite: Hey now I love their cheeses.
     Reply
    Kaiser-Machead was starred Kaiser-Machead was unstarred
    Image of Substance_D Substance_D
    11/12/08

    In reply to LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing
    lol@ how it's like the 3 companies that dominate their market. Actually I think Dell is 2nd to Hp now,and Moto fell off the radar, but whatever. So it's almost like why shouldn't the biggest comanies pay more money?...Idk, I just find it hard to get angry about this, when I feel like we would be paying the same price for this stuff no matter what LCD makers did. iPod classic/orignial has been $250 for a long ass time, probably not affected by 'LCD prices' in fact, I think ipod price is based more on the cost of the drive, and then marking up like a bastard.
     Reply
    Substance_D was starred Substance_D was unstarred
    Image of Lite: hates Illinois Nazis Lite: hates Illinois Nazis
    11/12/08

    @Substance_D: Making more money because of superior marketing, salesmanship, or product isn't quite the same as making more money by colluding with others to have a set minimum price for product that artificially inflates your profit margins.
     Reply
    Lite: hates Illinois Nazis was starred Lite: hates Illinois Nazis was unstarred
    Image of FionaJobnick FionaJobnick
    11/12/08

    In reply to LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing
    So how come they go after the LCD market, and yet the oil cartel has been doing this same thing for much longer?


    and no they wont go lower, they will probley go much higher.

     Reply
    FionaJobnick was starred FionaJobnick was unstarred
    Image of Lite: hates Illinois Nazis Lite: hates Illinois Nazis
    11/12/08

    @FionaJobnick: Probably because oil companies do not control the price of oil, and aren't responsible for the high prices. The high prices are/were because of supply disruptions and/or financial speculation on the commodities market.


    Blaming oil companies for having a set rate of return on oil sales is a bit silly. Their average rate of return over the past 30 years is still lower than many companies percentage-wise.


    Plus, if oil prices remain high, then people will be force to adapt their lifestyles to be less oil consumption rich. Which means increased sales of fuel efficient vehicles, taking more advantage of mass transit, etc. Not necessarily a bad thing in that context.

     Reply
    Lite: hates Illinois Nazis was starred Lite: hates Illinois Nazis was unstarred
    Image of Jrsy Devil's Advocate® Jrsy Devil's Advocate®
    11/12/08

    In reply to LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing
    Does this mean LCD prices are going to get lower...
     Reply
    Jrsy Devil's Advocate® was starred Jrsy Devil's Advocate® was unstarred
    Image of Rabid Penguin Rabid Penguin
    11/12/08

    In reply to LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing
    If I offer you a product at a set price, and you are willing to pay that price for the product, how have I done anything wrong?
     Reply
    Rabid Penguin was starred Rabid Penguin was unstarred
    Image of Rabid Penguin Rabid Penguin
    11/12/08

    @Rabid Penguin: Especially when the prices are not extremely outrageous... no one has to break the bank to buy an LCD monitor.


    Also, if it's only these three companies that are price-fixing couldn't Dell and the others go to a different LCD supplier if it were cheaper. And if the competitors are not cheaper than does it matter that the cheaper product is being "price-fixed?"

     Reply
    Rabid Penguin was starred Rabid Penguin was unstarred
    Image of Rabid Penguin Rabid Penguin
    11/12/08

    In reply to LG, Sharp and Chunghwa Fined $585 Million For LCD Price Fixing
    We want reparations! Rice crispy snacks will do.
     Reply
    Rabid Penguin was starred Rabid Penguin was unstarred
    Earlier discussions Other discussions Show all discussions Show featured discussions only Start a new discussion

Login

Enter your username and password.

Please enter a username.
Please enter your password.
logging in
Login via Facebook | Sign Up | Forgot Password?

Reset Password

Please enter your email address to have your password reset.

Please enter your email address.
Please enter a valid email address.
requesting password reset

Register

Registering will give you a user profile and the ability to add other users as friends. To become a commenter, however, you need to audition.

Want to know more? Consult the Comment FAQ and legal terms.

Please enter a username.
Please enter a password.
Please confirm your password.
Passwords are not identical.
Please enter a valid email address.
registration sent, waiting for reply

Submit Your Comment

You don't need to login to comment. Just enter your email address below.

See how your address will be displayed in the Comment FAQ.

Please enter a valid email address.
Please enter a valid email address.
logging in

Login with your Facebook or Gizmodo account.

Sign up here.



  • Archives
  • About
  • Advertising
  • Legal
  • Help
  • Report a Bug
  • FAQ
Original material is licensed under a Creative Commons License permitting non-commercial sharing with attribution.