LG and Sanyo fined for conspiring to fix prices for lithium-ion batteries

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How would a fan of any particular company was a person should never forget that first of all they are interested in profit. And the larger the company, the more interest to even greater profits.

Resource Reuters reports that the company LG and Sanyo accused the Ministry of Justice of the United States, and has already pleaded guilty to participating in a price-fixing to fix prices for lithium-ion batteries used in laptops. Amount of the fine for the first of the company amounted to only $ 1.1 million, for the second – 10.7 million dollars. In fact, in such situations is nothing new. Just at the beginning of the year is the same LG paid almost $ 19 million fine in connection with the conspiracy regarding the price of LCD panels.

Read another very interesting article about alternative energy of the Sun, water and air.

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