Some of the biggest TV manufacturers have been slapped with a $1.92 billion fine by the EU after regulators found the gang had been fixing prices of cathode-ray tubes for more than 20 years. Competition chief Joaquin Alumunia said that the group were acting as a cartel, featuring "all the worst kinds of anti-competitive behavior that are strictly forbidden [...] in Europe."
[Image Credit: Wikimedia Commons]
Filed under: Home Entertainment, HD, Samsung, LG
Source: Reuters
http://www.engadget.com/2012/12/05/eu-tv-cartel-fine/
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