- Posted June 10, 2013
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Court to see if Miss. price-fixing lawsuit OK on global issue
WASHINGTON (AP) -- The Supreme Court will consider whether the state of Mississippi can bring a state-level lawsuit in a global LCD screen price-fixing conspiracy.
The justices recently agreed to hear an appeal from state officials in their lawsuit against AU Optronics Corp. A federal jury last year found the company guilty of price-fixing on its liquid crystal display screens. Mississippi also wanted to sue in state court.
But the 5th U.S. Circuit Court of Appeals refused to send that lawsuit back, instead allowing it to stay in federal courts. Four other states, however, have been allowed to bring state-level lawsuits against the Taiwan company.
Several companies from Japan, Korea and Taiwan were accused of fixing prices for thin film transistor LCD panels from 1999 to 2006.
Published: Mon, Jun 10, 2013
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