Violation Tracker Individual Record
Company:
Chunghwa Picture Tubes Ltd.
Current Parent Company:
Tatung
Penalty:
$65,000,000
Year:
2008
Date:
November 12, 2008
Offense Group:
competition-related offenses
Primary Offense:
price-fixing or anti-competitive practices
Violation Description:
Three leading electronics manufacturers -- LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. -- agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix prices in the sale of liquid crystal display (LCD) panels.
Level of Government:
federal
Action Type:
agency action
Agency:
Justice Department Antitrust Division
Civil or Criminal Case:
criminal
HQ Country of Parent:
Taiwan
Ownership Structure of Parent:
publicly traded
Major Industry of Parent:
electrical and electronic equipment
Specific Industry of Parent:
electronic equipment
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.