AT&T and the LCD industry make for foreign courtfellows , but wait’ll you hear what for : AT&T claims that due to LCD price fastening by LG , Sharp and other , they ’ve overpaid for 300 million handsets . Interestingly , they ’re not thrilled about this .
Between a general leeriness towards AT&T and stunningly huge numbers ask , the whole affair sound a lilliputian conspiratorial . matter is , the terms - fixing definitely happened :
South Korea ’s LG Display Co. , Sharp Corp. and Chunghwa Picture Tubes Ltd. match last November to pay $ 585 million in criminal mulct in a U.S. Justice Department probe of illicitly price fixing on LCDs used in flat - projection screen televisions , cellphones and other devices .
This lawsuit is less about AT&T prove that some of the biggest LCD manufacturing business in the world have been gouging them ( and in turn , their customers ) than it is about getting some form of recompense for said gouging , which has been driving up prices of phone for quite a while now .
I mean , probably not by more than a few cents apiece , but still ! scandal ! As a incentive , this is a uncommon chance to earnestly rout for the Death Star . [ WSJ ]
AT&T
Daily Newsletter
Get the good tech , science , and culture news in your inbox daily .
newsworthiness from the futurity , fork out to your present .
You May Also Like
