A US court has rejected an antitrust lawsuit brought by Motorola Mobility against several Asian LCD manufacturers. Many companies have pleaded guilty and been fined in the price-fixing cartel which operated between 2001 and 2006. However, they disputed Motorola’s claims that it had paid too much for LCD phone screens because of the scheme.
Judge Richard Posner was quoted as saying, “Motorola’s foreign subsidiaries were injured in foreign commerce – in dealings with other foreign companies – and to give Motorola rights to take the place of its foreign companies and sue on their behalf under US antitrust law would be an unjustified interference with the right of foreign nations to regulate their own economies”. The court’s decision replaces an earlier ruling against Motorola in March.
