Tags: Best | Buy | Flat-Panel | Suit

Best Buy Awarded $7 Million in Damages in Flat-Panel Suit

Tuesday, 03 Sep 2013 08:49 PM


Best Buy Co. was awarded $7 million in damages by a federal jury in San Francisco over claims that HannStar Display Corp. conspired to to fix prices of flat panels used in computers and televisions sold by the electronics retailer.

The jury found that Best Buy failed to prove that another defendant, Toshiba Corp., the Japanese maker of products from televisions to steam turbines, engaged in price fixing.

© Copyright 2015 Bloomberg News. All rights reserved.

Around the Web

Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.

You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved