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Asian TV-tube talks didn’t lead to European cartel, Samsung SDI tells EU court

By Lewis Crofts ( November 13, 2014, 12:46 GMT | Insight) -- Samsung SDI told EU judges today that the European Commission made errors when it fined the company 150.8 million euros in 2012 for two cartels related to television screens and computer monitors. The Korean electronics maker argued there was no evidence that “regional” talks in Asia aimed to fix prices on the European market. But the EU regulator said the court should reject claims that Samsung SDI’s involvement was over a shorter period of time and that the fine had been miscalculated.Samsung SDI told EU judges today that the European Commission made errors when it fined the company 150.8 million euros ($187.9 million) in 2012 for two cartels related to television screens and computer monitors. The Korean electronics maker said there was no evidence that “regional” talks in Asia aimed to fix prices on the European market....

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