Toshiba hit with $87 million fine over LCD price fixing scandalA Northern California jury on Tuesday found Toshiba guilty of conspiring to fix prices of liquid crystal displays. Customers brought a civil lawsuit against the Japanese company and other LCD providers earlier this year alleging anti-competitive practices. While most other defendants settled the case out of court, Toshiba decided to fight the allegations in a San Francisco federal court. The company will now be forced to return $70 million to consumers who bought various products, and pay $17 million to manufacturers who used its LCD panels. “There was strong evidence that Toshiba participated in the price-fixing conspiracy through communications with other TFT-LCD manufacturers, and that it received future pricing information from its competitors, shared its own future information, and was aware



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