Sharp, LG and Chunghwa get fined $585 million for price-fixing

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Wow. Wondered why your electronic devices cost so much? It’s because Sharp, LG and Chunghwa have been fixing the prices, but have no fear – they’ve just been hit with a $585 million fine for having done so. LG gets the biggest chunk – $400 million, Sharp are paying $120 for fixing the prices of iPod screens, RAZR screens and Dell laptop screens. Lastly, Chunghwa will pay a $65 million fine for participating with LG.

Only these three corporations have been charged, but Assistant Attorney General for Antitrust at the Justice Department in Washington, Thomas Barnett, has said that the investigation is still ongoing and they aren’t ruling out charges against individuals or against other companies. Tough talk. Still, hopefully it’ll see screen-based device prices go down over the next few years.

(via CNN Money)

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Apple's App Store triggers ANGER and RETRIBUTION – iPint and iBeer developers come to legal blows

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The Carling iPint app is apparently little more than a shameless rip-off of Hottrix’s iBeer, according to the man who created iBeer – and is now suing the iPint makers for £7m.

Steve Sheraton, who came up with the original accelerometer-powered beer-drinking illusion app that we have been assured is VERY HILARIOUS after drinking three real beers, claims that representatives of brewing group Coors asked him if they could license his creation for use as an advertising tool. Steve declined, but the major corporation went ahead and created its iPint clone anyway…

Woman made example of – fined £16,000 for illegally downloading a game

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Poor old Isabella Barwinska just wanted to have a bit of fun playing pinball on her PC with her friends, but she’s ended up with a £16k fine after being tracked down via the P2P network she used.

Isabella unwisely chose to nick a copy of Pinball Dreams 3D off the internet, no doubt attracted by its wide variety of tables and realistic arcade gameplay! But she was rumbled, and recently ordered to pay damages of £6,086.56 and costs…

Survey: DVD piracy on the rise in the UK

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A new survey suggests that DVD piracy is on the increase in the UK. Armed with a wheelbarrow of scepticism, we bring you the results from an analysis conducted by Futuresource Consulting: 36% of Brits (who responded to the survey) have copied DVDs within the last six months compared to 25% last year. In that time, an average of 22 movies were copied, including 13 new releases, and a “significant portion” of people were copying from rental and borrowed DVDs.