Top executives of Taiwanese company found guilty of price-fixing

posted onMarch 14, 2012
by l33tdawg
http://en.wikipedia.org/wiki/AU_Optronics
Credit: http://en.wikipedia.org/wiki/AU_Optronics

A Taiwanese company, AU Optronics Corp had two of its top executives charged and found guilty of violating anti-trust laws by working with competitors in inflating prices of liquid crystal display screens used in computers and televisions.

Federal jurors in San Francisco on Tuesday convicted AU Optronics Corp., its U.S. subsidiary and executives Hsuan Bin Chen and Hui Hsiung (shuhng). Six other Asian LCD screen makers have pleaded guilty to charges related to price fixing and have been ordered to pay fines totalling more than $860 million. 

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