Toshiba and Samsung among companies accused of operating cartels

Nokia files suit against tech giants

Mobile phone manufacturer Nokia has filed lawsuits against some of the world’s leading technology companies for allegedly operating illegal cartels.

According to Reuters, Nokia filed the suits in Britain and the US last week, accusing companies including Toshiba, Hitachi, LG, Philips, Samsung, Seiko Epson and Sharp of getting together to fix the prices of monitors and mobile phone displays.

"Nokia’s focus is on the cartels involving liquid crystal displays (LCD) and cathode ray tubes (CRT) – the latter having been purchased by Nokia’s former Nokia Display Products business," the firm said in a statement.

Nokia said the cases followed government investigations in the Europe, the US and elsewhere, and civil suits already in process in the US.

It is unclear how much the firm is seeking in damages.

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