AU Optronics Fined $500M; Executives Receive Prison Sentences For Conspiracy

AU Optronics Fined $500M; Executives Receive Prison Sentences For Conspiracy

SAN FRANCISCO - A federal judge in California on Sept. 20 sentenced Taiwan-based AU Optronics Corp. (AUO) to pay a $500 million criminal fine for engaging in a global conspiracy to fix worldwide prices of thin-film transistor-liquid crystal display panels for use in computer monitors and televisions in violation of Section 1 of the Sherman Act, 15 U.S.C.S. § 1 et seq.  (United States of America v. AU Optronics Corp., et al., No. 09-cv-0110 SI, N.D. Calif.). View related prior history, 2012 U.S. Dist. LEXIS 80605.

Find full version on lexis Advance®
Access this news story on lexis.com®