Mitsubishi Agrees $33M Deal

Mitsubishi has finally settled a US class action over a CRT pricing cartel by agreeing a $33 million agreement with indirect buyers of the CRTs, after agreeing a deal with direct buyers for $75 million last year.

The deal brings the payments in litigation over the cartel to $820 million according to Law360.

Analyst Comment

We’ve been following this story since the beginning. There was a big settlement back in 2012 in Europe, too. (BR)