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Tuesday, May 18, 2021

LG Says UK Not The Place For Samsung's LCD Cartel Claim - Law360

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Law360, London (May 18, 2021, 9:14 PM BST) -- LG Display urged a London judge on Tuesday to overturn a decision allowing Samsung to slap it with a lawsuit to recover a portion of a price-fixing settlement relating to LCD panels, arguing the dispute between East Asian companies does not belong in England.

The High Court damages claim stems from a 2010 enforcement action by the European Commission, hitting several liquid-crystal display panel manufacturers with hundreds of millions of euros in fines for running a cartel that harmed the market for televisions, computers and other products that use LCD components.

Similar price-fixing claims were subsequently brought by U.K. authorities against...

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May 19, 2021 at 03:14AM
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LG Says UK Not The Place For Samsung's LCD Cartel Claim - Law360

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