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Article: CRT MAKERS ACCUSED OF CONTROLLING PRICES IN CANADA
- Article from:
- AsiaInfo Services
- Article date:
- July 8, 2009
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AsiaInfo Services
07-08-2009
CRT Makers Accused of Controlling Prices in Canada
SHANGHAI, Jul 08, 2009 (SinoCast Daily Business Beat via COMTEX) -- Some cathode ray tube (CRT) manufacturers, including Irico Display Devices Co., Ltd. (SHSE: 600707), are accused of controlling CRT prices in Canada, Irico Display Devices said on July 8.
These CRT manufacturers reached an agreement to lift up prices of CRT products unreasonably since January 1, 1998 in a bid to control the market, noted the Fanshawe College of Applied Arts and Technology. The move caused a loss to Fanshawe College and other consumers. On behalf of consumers, the accuser requires the CRT makers to pay a compensation of USD 150 ...