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Violation Tracker Individual Record

Company: LG Display Co. Ltd.
Current Parent CompanyLG
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $361,000,000
Year: 2013
Date: March 29, 2013
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: LG Display agreed to pay $361 million to indirect purchaser plaintiffs to settle allegations it participated in a conspiracy to fix fix the prices of Thin Film Transistor-Liquid Crystal Display (TFT-LCD) flat panel products. The settlement was also announced by state attorneys general (see separate entry).
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:07md1827
Case Name: In re TFT-LCD (Flat Panel) Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.