Top 9 antitrust cases in China

0 Comment(s)Print E-mail China.org.cn, August 12, 2014

 

A Samsung smart TV. [File photo]
No 8 LCD screen price monopoly

In January 2013, six liquid crystal display (LCD) screen producers, including two from South Korea (Samsung and LG) and four from Taiwan (CMO, AU Optronics (AUO), Chunghwa Picture Tubes and HannStar), were punished by the NDRC for vertical price monopoly. A vertically integrated monopoly occurs when a company controls both the production and distribution chains in an industry.

The total punishment for these companies reached 353 million yuan ($57.3 million).

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