The U.S. District Court in San Francisco next month is expected to approve the largest cash settlement for consumers in antitrust history.
In re TFT-LCD Antitrust Litigation (M:07-cv-01827) involves an international conspiracy to fix prices by manufacturers of flat panel (LCD) television, computer monitor and laptop screens. The case was brought on behalf of consumers in 24 states and the District of Columbia, but not on behalf of New Jersey residents who purchased LCD products during the class period. Unfortunately, they cannot participate in the $1.1 billion settlement.
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