A San Francisco federal judge ordered Taiwanese electronics manufacturer AU Optronics Corp. on Thursday to pay $500 million for its role in a long-running global conspiracy to fix prices for liquid crystal display screens.
September 24, 2012 at 12:00 AM
1 minute read
A San Francisco federal judge ordered Taiwanese electronics manufacturer AU Optronics Corp. on Thursday to pay $500 million for its role in a long-running global conspiracy to fix prices for liquid crystal display screens.
The punishment matches the largest fine ever imposed in a criminal antitrust case but falls far below government demands for a historic $1 billion sanction.
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