Nokia sues LCD makers for illegal price fixing

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Nokia has filed a lawsuit against top mobile LCD makers alleging them for fixing LCD panel prices. The lawsuit was filed on Nov 25 in San Francisco and includes makers like Samsung, LG Display, AU Optronics etc.

Nokia’s lawsuit is more or less similar to AT&T that was filed in October. LCD panel manufacturers fixed, raised and maintained high prices of the panel that escalated the manufacturing cost of phones. The compensation charges claimed by Nokia are not revealed.

[Bloomberg via Fonearena]

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