OLYMPIA, Wash. — Attorney General Bob Ferguson announced Toshiba will pay $1.3 million as part of his price-fixing lawsuit against manufacturers of cathode ray tubes (CRTs), a part used in TVs and computer screens.
The lawsuit says manufacturers conspired to artificially inflate the price of CRTs from 1995 to 2007.
Ferguson will distribute Toshiba’s funds to affected consumers through a claims process.
Other conspirators LG, Panasonic, Hitachi, and Chunghwa have paid Washington a total of $2.35 million.
The lawsuit is ongoing against Philips and Samsung.
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