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Manufacturers guilty of price-fixing lcd television

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Reference no: EM131577015

In July 2012, a court found several electronics manufacturers guilty of price-fixing LCD television and computer panels in one of the largest price-fixing cases in history. What potential benefits do companies gain by working together to fix prices on a good? Why do companies choose to engage in such unlawful behavior despite the risk of being caught and having to pay significant fines?

Reference no: EM131577015

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