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Only a relatively small chunk of the direct purchaser market for LCD panels is included in Tuesday's price-fixing settlement, which doesn't exactly bode well for the defendants' remaining civil liabilities.
AUO and its lawyers rolled the dice on a jury trial after other LCD manufacturers, including Sharp and LG, pleaded guilty to participating in the same alleged price-fixing cartel and agreed to pay more than $890 million.
It could happen, thanks to a dispute over documents in the Justice Department's long-running antitrust investigation of the liquid crystal display market.
This billion-dollar recovery for indirect purchasers of LCD panels, if approved by San Francisco U.S. District Judge Susan Illston, will likely lead to some big fees for the plaintiffs lawyers. In a separate case brought by different counsel on behalf of direct purchasers, Illston approved a 30 percent fee, for a total of $121 million.
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