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European regulators slap a group of electronics firms, including Philips Electronics (PHG),...

European regulators slap a group of electronics firms, including Philips Electronics (PHG), Samsung (SSNLF.PK), and Panasonic (PC), with steep fines over allegations the group effectively ran two different cartels for television and computer tubes on the continent for over 20 years. The commission calls the cartels amongst the "most organized" it has ever investigated as it tags the firms with combined fines of close to $1.92B.
Comments (1)
  • And I thought they competed, looks like they just all work together. Who instigated it, Samsung?
    5 Dec 2012, 07:24 AM Reply Like
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