Court Examines Mississippi Price Fixing Case

By  | 

A federal appeals panel will decide whether a Mississippi or federal court has jurisdiction over a lawsuit alleging price fixing by manufacturers of liquid crystal display screens.

A panel of the 5th U.S. Circuit Court of Appeals has scheduled oral arguments in New Orleans for Oct. 5.

Mississippi Attorney General Jim Hood sued several major suppliers of LCD screens in Hinds County Chancery Court in March of 2011.

Hood alleged in the lawsuit that consumers paid extra because of price fixing in violation of the Mississippi Consumer Protection Act.

The LCD screens are used in computers and televisions.

The lawsuit seeks damages, restitution and civil penalties for actions from 1996 to 2006 by companies in Japan, Korea and Taiwan, plus their U.S. counterparts.