Ah, c'mon...not again? TV makers, already on their 2012 economic knees will face more EU fines later this month for a decade of price-fixing sins.
Is this another high-tech scandal? Nope. TV makers will be fined for their... cathode-ray tube sales during 1997-2007. Just when you thought you heard the last of CRTs, the old technology apparently still has some news to share.
Prices were fixed, says EU who raided the companies in 2007. The CRT villains include Philips, LG Electronics, Samsung, Panasonic, Technicolor and Toshiba.
They were ratted out by Taiwan's Chunghwa Picture Tubes who will avoid fines for "alerting the EU" to the alleged cartel. The fact Chunghwa are siad to be "avoiding fines" for their compliance indicates Chunghwa was associated with the group: so add them to the villain list.