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Panel giant monopoly of foreign involvement in china no one speak out by penalty claims by wgre ergrg





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Panel giant monopoly of foreign involvement in china no one speak out by penalty claims by
Article Posted: 07/26/2011
Article Views: 74
Articles Written: 1512
Word Count: 594
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Panel giant monopoly of foreign involvement in china no one speak out by penalty claims


 
Business,Business News,Business Opportunities
5 6 morning news Sharp , LG , Samsung Giants such as LCD price-fixing conspiracy on suspicion of monopoly, has been indicted several American companies are facing hefty fines U.S. Department of Justice. China is the LCD panel power consumption, but so far has not filed any lawsuits, and institutions and enterprises

Claimant . Learned, as early as the end of 2006, the U.S. Department of Justice, the EU Trade Commission, Japan and South Korea's Fair Trade Commission, it has to Samsung

Electronic , LG, Sharp, NEC and China Taiwan of four LCD panel manufacturer, allegedly sent the price of monopoly and control panel anti-monopoly investigation.

Court had ruled in San Francisco in 1999 and 2006, either directly or indirectly buy buy LCD panels

LCD TV , Monitors and other products, customers and consumers, all of these panel manufacturers can sue for compensation. Apple, Dell,

Motorola And other U.S. firms in their court. Some experts said that China's color TV manufacturers, display manufacturers and consumers can also claim compensation through collective action.

"Price generally is a global conspiracy, Chinese enterprises can be cross-claim litigation in the United States or the European Union, because they are there, these companies have pleaded guilty to conspiracy in price, but can they have identified the facts. "Lehman Law Firm Hao Junbo said yesterday on the SAN, he also stressed that" Chinese companies involved in cross-border claims do not need to pay any fees, all of the procedures by our lawyers to do, only to extract legal fees from the compensation Therefore, Chinese enterprises, the risk is certainly zero zero cost. "

Although the lawyers have promised a "zero-risk zero cost", but it seems little interest in Chinese companies. "Foreign companies like Dell have sued, China has no one stood up." Hao Junbo said.

Sina Technology yesterday linked to a number of domestic color TV manufacturers, the other said that they do not fully understand the matter, need to research. Leading domestic color TV enterprises

Hisense The attitude of a very high electrical representative, "this kind of thing is not that we got a decision a business can and should be organized by the lead industry association."

China Video Industry Association to accept a responsible person in connection Sina Technology, said, "LCD panel has been investigating business is not a recent thing. In the domestic prosecution, need to have solid evidence, not aware if This law enforcement capabilities. "

"China's anti-monopoly law came into effect before 2008, published shortly, no similar cases." Hao Junbo that "legislation is not difficult to change the overseas can be changed, but law enforcement personnel and cases and time needed experience. "

Some observers even said that "China has always been more lenient laws on enterprises, so Toyota is not only to compensation for U.S. customers, but also apologize to the Americans cried. In China, with compensation very difficult."

Compensation from the manufacturer for the domestic color TV and so the enthusiasm is not high, industry experts believe that Chinese enterprises have more commercial concerns, after all, a number of TV companies still need the hands of an endless stream of giant LCD panels purchased. "Voice in the hands of others, how to get them strong." Industry, "said Chinese companies need to change our habits and ideas."

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