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Company: AU Optronics Corporation
Current Parent Company:
AU Optronics
Parent at the Time of the Penalty Announcement:
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Penalty: $500,000,000
Year: 2012
Date: September 20, 2012
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: AU Optronics Corporation, a Taiwan-based liquid crystal display (LCD) producer, was sentenced in U.S. District Court in San Francisco to pay a $500 million criminal fine for its participation in a five-year conspiracy to fix the prices of thin-film transistor LCD panels sold worldwide.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
HQ Country of Current Parent: Taiwan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic components
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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