NDRC penalises global LCD price cartel

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O'Melveny & Myers

Nate Bush
Partner
[email protected]

On January 4 2013, the National Development and Reform Commission (NDRC) announced penalties against six foreign LCD panel manufacturers for colluding to manipulate the pricing of LCD panels in China between 2001 and 2006. Never before has the NDRC penalised foreign respondents for the impacts in China of pricing decisions made beyond the country's borders.

Extensive investigation

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