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Company: LG Display Co., Ltd.
Current Parent Company:
LG Display Co Ltd
Parent at the Time of the Penalty Announcement:
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Penalty: $380,000,000
Year: 2012
Date: July 12, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: Toshiba, LG Display and AU Optronics agreed to pay a total of $571 million to settle multistate litigation accusing them of engaging in price fixing of flat-screen LCD panels.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic displays
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.