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Taiwanese LCD Maker Must Pay $220 Million for Price-Fixing Conspiracy

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Chi Mei Optoelectronics, a major LCD maker who sells to companies including Apple, HP and Dell, has admitted to a wide-scale price fixing conspiracy between late 2001 and late 2006. The details are being kept under wraps, but Chi Mei has pled guilty to the charges in a San Francisco court, and in addition to the monetary penalty, nine executives are also under investigation. [FBI]

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