The Hungarian Competition Authority imposes fines of € 1 million on one producer of TV and computer monitor tubes for having implementing anticompetitive practices (Samsung SDI / LG Philips Displays)

Press Release published on the official website of the Hungarian Competition Authority.

Fine imposed by the GVH for restrictive agreement* The Gazdasági Versenyhivatal (GVH – the Hungarian Competition Authority) stated that Samsung SDI (Samsung SDI Co. Ltd. in joint and several liability with SAMSUNG SDI Germany GmbH and SAMSUNG SDI Magyarország Gyártó és Értékesítő Zrt.), LG Philips Displays Holding B.V. and Technicolor SA had violated the Hungarian Competition Act when they directly and indirectly fixed the prices of colour television tubes, shared buyers and markets, limited capacities and shared non-public strategic information relating to prices, production and sales. Due to the

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Hungarian Competition Authority, The Hungarian Competition Authority imposes fines of € 1 million on one producer of TV and computer monitor tubes for having implementing anticompetitive practices (Samsung SDI / LG Philips Displays), 4 August 2014, e-Competitions Bulletin August 2014, Art. N° 68637

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