Florida Attorney General Bill McCollum said on Aug. 10 he is suing the world's biggest makers of liquid crystal display screens for engaging in a "conspiracy at the highest level" to fix prices, becoming the second U.S. state to do so, Reuters reports. The lawsuit, a civil action to be filed in a California federal court, alleges the defendants "conspired to prevent competition and to increase prices" for TFT-LCD panels, the most common form of LCD panels used in desktop monitors, laptop screens, flat-panel televisions, and other electronic devices. McCollum's announcement came days after New York Attorney General Andrew Cuomo...

Subscribe to Read More

Are You an Educator?

Get Free online access to all our news and resources

  • About the Author:

    Maya Prabhu