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Toshiba Fined $87 Million In Price Fixing Scheme, Might Not Pay
2012-07-04 12:06:49

Michael Harper for redOrbit.com — Your Universe Online Japan electronics company Toshiba has just been ordered to pay $87 million in damages, thanks to a northern California judge and an alleged price-fixing scheme. Customers banded together to bring the class action suit against Toshiba, claiming the company had conspired to fixes prices of the liquid crystal display market. While not the only company accused in the class action, the other defendants opted to settle the case...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.