Panasonic to appeal EU ruling on cathode-ray tube cartel
TOKYO (Reuters) – Japan’s Panasonic Corp said on Friday that it would appeal a decision by the European Commission to fine it 252 million euros ($327 million) on charges of fixing prices for TV and computer monitor cathode-ray tubes along with five other companies. The European Commission fined six firms, including Philips, LG Electronics Toshiba Corp Samsung SDI and French company Technicolor a total of 1. 47 billion euros, its biggest antitrust penalty in history. . . .
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