CRT Antitrust Lawsuit
Berger Montague has played a key role in In re CRT Antitrust Litigation, a case brought on behalf of a class of direct purchasers of cathode ray tubes (“CRTs”) or products containing CRTs, such as televisions and computer monitors, alleging that defendant manufacturers conspired to fix the prices of CRTs.
The defendants included the leading manufacturers of CRTs and CRT products, including Chunghwa Picture Tubes, Ltd., Panasonic Corporation (formerly known as Matsushita Electric Industrial, Co.), Panasonic Corporation of North America, LG Electronics, Inc., Samsung Electronics Co., Ltd., Samsung SDI Co., Ltd., Koninkliike Philips Electronics NV (“Phillips”), Toshiba Corporation, and Hitachi Ltd., Hitachi Displays, Ltd. (n/k/a Japan Display Inc.), Hitachi America, Ltd., Hitachi Asia, Ltd., and Hitachi Electronic Devices (USA) Inc. (collectively “Hitachi”), Thomson SA and TDA (collectively, “Thomson”), Mitsubishi Electric Corporation, Mitsubishi Electric US, Inc., and Mitsubishi Electric Visual Solutions America, Inc. (collectively, “Mitsubishi”). The district court granted final approval of settlements totaling $211.7 million in this action, including settlements with Chunghwa ($10 million), Philips ($15 million), Panasonic ($17 million), Toshiba ($13.5 million) and LG entities ($25 million), Hitachi ($13.45 million), Samsung SDI ($33 million), Thomson ($9.75 million), and Mitsubishi ($75 million).
LEAD ATTORNEYS: Ruthanne Gordon, Candice J. Enders