LG has agreed to pay a settlement of $380 million dollars (€310 million) in the latest development of the US LCD price-fixing scandal.
The South Korean electronics
giant was embroiled in the
class action case that accused
LCD makers of a conspiracy
to fix LCD display prices
from the late 1990s through
to 2006.
Toshiba and AUO
have also agreed to pay
$170 million and $21 million, respectively.