Europe, U.S. launch probe of LCD industry
From the Associated Press
European and U.S. regulators said they had been investigating a possible cartel involving makers of liquid crystal display monitors.
The announcement follows the launch of probes by South Korea and Japan.
The European Commission said it had asked several companies for information Friday, seeking evidence of a cartel agreement or price fixing. In Washington, Justice Department spokeswoman Gina Talamona confirmed a probe into “the possibility of anti-competitive practices in the LCD industry.”
Neither named the companies under investigation.
