Litigation
Mar. 28, 2012
Defendants settle price-fixing claims
Chunghwa Picture Tubes Ltd. of Taiwan and Koninklijke Philips Electronics NV of the Netherlands agree to pay $10 million and $27 million, respectively.
By Jill Redhage
Daily Journal Staff Writer
Direct purchaser plaintiffs in a price-fixing case against the manufacturers of cathode ray tube products have reached settlements with defendants Chunghwa Picture Tubes Ltd. of Taiwan and Koninklijke Philips Electronics NV of the Netherlands and its subsidiaries.
In court documents filed in the Northern District Monday, a putative class of direct purchasers told the court Chunghwa has agreed to pay $10 million, while Philip...
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