A Northern California jury on Tuesday found Toshiba guilty of conspiring to fix prices of liquid crystal displays. Customers brought a civil lawsuit against the Japanese company and other LCD providers earlier this year alleging anti-competitive practices. While most other defendants settled the case out of court, Toshiba decided to fight the allegations in a San Francisco federal court. The company will now be forced to return $70 million to consumers who bought various products, and pay $17 million to manufacturers who used its LCD panels. Read the full story at Boy Genius Report.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit


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