Samsung, Philips and LG (By Sylodium, international trade directory)

Samsung SDI, Philips, LG Electronics and three other firms were fined a record €1.47bn (R16.89billion) by EU antitrust regulators for fixing prices of TV and monitor cathode-ray tubes for nearly a decade. The European Commission slapped the biggest penalty, of €313.4m (R3.6bn), on Dutch-based Philips on Wednesday. LG Electronics came in second with a €295.6m (R3.396bn) fine. Also, the EU competition authority fined Panasonic Corp €157.5m (R1.809bn), Samsung SDI €150.8m (R1.732bn), Toshiba Corp. €28m (R321.7m), and French company Technicolor €38.6m (R443.5m). Sylodium (international trade directory) you can advertise for free your company or your project, at the intersection of cities that you want, for example; Brussels-Berlin, Alexandria-Kuwait or any city around the World.

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