A Hitachi subsidiary has agreed to a $31m fine for its role in an industry-wide conspiracy to fix the prices of monitors sold to computer and handset manufacturers.
Tuesday's guilty plea by Hitachi Displays came the same day the US Justice Department filed a one-count indictment that claimed the Japanese monitor maker actively sought to drive up the price of thin film transistor liquid crystal display monitors sold to Dell. The company admitted its officials attended "bilateral meetings" to discuss and agree upon prices of LCD monitors sold to Dell.
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