HP Starts a Price-Fixing Lawsuit Just As Another One Closes

The company expects to have an easy time since the defendants have pleaded guilty

  HP starts a new price-fixing lawsuit
One would think that the price-fixing lawsuit that just slapped Philips, Samsung, Panasonic and LG with a huge fine would be the same one that HP is getting involved in.

This is not the case. Instead, HP has sued Chunghwa Picture Tubes and Tatung Company of America, subsidiaries of Tatung Company from Taiwan.

The two were investigated in November 2008 and pleaded guilty to participating in a conspiracy with larger manufacturers.

HP tried to recover some of the money it lost out of court, but it failed. Now, it has resorted to the big guns.

The big fuss caused by the $8.8 billion / 6.72 billion Euro loss (allegedly due to fraud) is not doubt acting as an incentive for seeking monetary compensation here.

Computer World did not say exactly how much money HP wanted to squeeze from the defendants.

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