European Commission fined LG Electronics in cathode-ray-tube cartels
Company: LG Electronics Inc.
Summary
In its December 2012 cathode-ray-tube cartel decision, the European Commission found LG Electronics participated in unlawful coordination affecting television and computer-monitor tubes and imposed fines on the company, including an individual €295.597 million fine and additional joint liability relating to a venture with Philips. This is a separate product-market case from the LCD-panel cartel involving LG Display. Commission decision page: https://competition-cases.ec.europa.eu/cases/AT.39437 ; Commission announcement: https://ec.europa.eu/commission/presscorner/detail/en/ip_12_1317