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  • Japan’s fair trade watchdog raids Sharp & Hitachi amid ‘price fixing’

    Posted February 28th by jahiggin

    The watchdog has launched a raid, or an “on-the-spot inspection”, on the unit of Sharp and Hitachi Displays Ltd. a wholly-owned subsidiary of Hitachi.

    Allegations have arisen that the companies are operating a price fixing cartel for LCD displays that are used in games consoles, namely the Nintendo DS. Sharp and Hitachi Display are confirmed to be the only suppliers of the 3-inch screen panel for the DS and DS Lite models for Nintendo.

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