Hitachi executive indicted on TFT-LCD price fixing scandal
by Peter Ha on March 31, 2009

scoobyRuh roh. Hitachi exec Sakae Someya along with other unnamed conspirators have just been charged in the global price fixing LCD scandal that rocked the tech world. OK, it didn’t really rock the tech world, but it was a pretty big deal and I’m sure Dell wasn’t too happy about it.

If you’re unfamiliar, Dell was the target of a price fixing conspiracy on TFT-LCD panels. The US Department of Justice charged Someya with violating the Sherman Act and he’s looking at a maximum fine of $1 million and up to 10 years in prison.

via Reuters

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