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Executives involved in the case get fines and prison terms of up to nine months

The LCD industry was rocked by a scandal in late 2008 when executives from some of the largest panel makers in the world pled guilty to conspiring to fix prices. The price fixing led to inflated costs for displays used by firms like Dell in its notebook computers.

In November of 2008, executives from Sharp, LG, and Chunghwa Picture Tubes all pled guilty to price fixing. The largest fine imposed was placed on LG and totaled $400 million with Sharp said to be paying $85 million in fines.

Today reports are coming in that in addition to the fines levied against the corporations; the executives that participated in the scheme are being individually fined and sentenced to prison time here in America.

DigitalTrends reports that the former Chairman and CEO of Chunghwa, Chieng-Hon Lin was hit with an individual fine of $50,000 and a sentence of 9-months in an American prison. The other executives involved in the scandal received prison terms ranging from six to nine months each.

Deborah A. Garza, Acting Assistant Attorney General for Antitrust, said in a statement, "These cases involve the first Taiwanese nationals to face imprisonment in the United States for an antitrust offense. The Department of Justice is committed to holding accountable all conspirators who harm American consumers, no matter where they live or where they commit the crime."

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By Beenthere on 1/20/2009 2:54:25 PM , Rating: -1
...Mckinnon. Let's send all of the foreign criminals to a hard labor prison so that they gain some appreication for law. It would be useful to add Bill Gates to that group for Microsucks continued violation of anti-trust laws. At least the EU has the integrity to fine Microsucks, unlike in the U.S. where the judicial system is for sale to the highest bidder.

By FITCamaro on 1/20/2009 4:15:02 PM , Rating: 2
And what anti-trust laws has he violated? Especially since he's not running Microsoft anymore? But lets assume you're speaking of when he was.

Forcing you to use their operating system? No.
Forcing you to use their browser? No.
Forcing you to use their Office software? No.

Not allowing the development of tools similar to their own on their OS? No.

By mindless1 on 1/20/2009 7:10:12 PM , Rating: 3
Hmm. Invent your own list of pseudo-laws then claim none were broken, or read court docs from the US and EU. Tough call.

By foolsgambit11 on 1/20/2009 7:51:41 PM , Rating: 2
Yeah, I love all the straw-man arguments his just set up and knocked right back down. You don't agree with the decision? Fine. But realize that you're not a judge, or even a lawyer who specializes in business law. Leave nuanced, difficult decisions to the experts.

By Tanclearas on 1/20/2009 9:46:44 PM , Rating: 2
Umm... how about when he made deals with computer makers offering the lowest prices ONLY if they purchased a copy of the OS for every single system they sold, thereby ensuring no competition would take place?

Oh, and according to Microsoft's definition, they DID force you to use their browser. Perhaps you don't recall Microsoft's own defense that the browser could not be removed from the OS?

Perhaps you are forgetting that Microsoft did not expose much of the inner workings of the OS meaning that competitors were at a disadvantage when "developing tools for the OS"?

By overcast on 1/21/2009 1:58:50 PM , Rating: 2
How did offering the lowest prices FORCE computer manufacturers to do anything? Why didn't they release them with another OS? Clearly, it was in their best interest, as 90% of the planet wanted the Windows OS.

So the browser can't be uninstalled, because it's integrated into the OS. What does that have to do with FORCING you to use it? Install something else and use that.

Lastly, wtf are you talking about?

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