Jury Convicts AU Optronics & Two Executives of Price Fixing
As appeared in Global Competition Review
March 14, 2012
In a significant win for the US DOJ’s Antitrust Division, a federal jury convicted AU Optronics and two of that company’s executives of colluding with its competitors to fix the price of LCD monitors.
According to Kaye Scholer Partner Saul Morgenstern, who co-leads the Firm’s Antitrust group, “As a general matter, anytime the DoJ goes to trial on a criminal matter and wins, it sends a message to the community that there can be serious consequences for violating the antitrust laws. And when there are verdicts against individuals, that message in enhanced.”
“The jury’s conviction of the individuals in this case is significant, given the division’s recent losses in jury trials against individuals, including in the DRAM investigation,” Morgenstern added.