TFT-LCD (Flat Panel) Products Direct Purchaser Antitrust Settlement

Overview

Plaintiffs allege that, from at least January 1, 1996 through December 11, 2006, defendants operated a cartel, the purpose of which was to raise, fix, and stabilize the prices of Thin Film Transistor Liquid Crystal Displays (TFT-LCDs) and products incorporating TFT-LCDs. TFT LCDs are used in flat-panel televisions as well as computer monitors, laptop computers, mobile phones, personal digital assistants, and other devices. The plaintiffs, who directly purchased from a defendant the TFT-LCDs or the products containing them, allege the defendants fixed the prices of the TFT-LCDs, causing the plaintiffs to pay more than they should have.

Filing Deadline

April 5, 2012

Class

All persons and entities who, between January 1, 1999 and December 31, 2006, directly purchased a TFT-LCD panel from any defendant or any subsidiary thereof, or any named affiliate or any named co-conspirator.  Specifically excluded from the Class are defendants; the officers, directors, or employees of any defendant; the parent companies and subsidiaries of any defendant; the legal representatives and heirs or assigns of any defendant; and the named affiliates and co-conspirators.  Also excluded are any federal, state or local governmental entities, any judicial officer presiding over this action and the members of his/her immediate family and judicial staff, and any juror assigned to this action.

All persons and entities who, between January 1, 1999 and December 31, 2006, directly purchased a television, computer monitor, or notebook computer containing a TFT-LCD panel from any defendant or any subsidiary thereof, or any named affiliate or any named co-conspirator.  Specifically excluded from the Class are defendants; the officers, directors, or employees of any defendant; the parent companies and subsidiaries of any defendant; the legal representatives and heirs or assigns of any defendant; and the named affiliates and co-conspirators.  Also excluded are any federal, state or local governmental entities, any judicial officer presiding over this action and the members of his/her immediate family and judicial staff, and any juror assigned to this action.  

Defendants

  • Acer
  • AU Optronics
  • Chi Mei Corporation
  • Chunghwa
  • Epson
  • Fujitsu
  • Hannspree
  • HannStar
  • Hitachi
  • Hydis Technologies
  • IBM
  • IPS Alpha Technology
  • LG Electronics
  • Mitsubishi Electric
  • Mitsui
  • NEC
  • Panasonic
  • Philips
  • Samsung
  • Sanyo
  • Seiko Epson
  • Sharp
  • Toshiba

 

Partial Settlements: $473 million

Sharp $105 million
Samsung $82.7 million
Chi Mei $78 million
LG Display $75 million
Hitachi $28 million
HannStar $14.9 million
Chunghwa $10 million
Epson $7 million
Sanyo $3.5 million
Mitsui $950,000
AU Optronics $38 million
Toshiba $30 million

 

 

Questions?

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