European Union anti-trust authorities announced Wednesday a near-1.5-billion-euro fine for companies in the TV and monitor tubes business found guilty of running a cartel for two decades.
“The European Commission has fined seven international groups of companies a total of 1,470,515,000 for participating in either one or both of two distinct cartels in the sector of cathode ray tubes,” said a statement.
EU fines screen tubes cartel 1.5bn euros
