First it was chips, now it’s LCDs (liquid crystal displays). Authorities around the globe are investigating possible anticompetitive conduct in the LCD industry, according to activity at LG.Philips LCD offices. On Friday, officials from the Korean Fair Trade Commission visited LG.Philips’ offices in Seoul as part of an investigation into possible anticompetitive behavior, LG.Philips said on Monday. In addition, the Japanese Fair Trade Commission issued a notice to LG.Philips’ offices in Tokyo, and the U.S. Department of Justice (DoJ) issued a subpoena to LG.Philips’ offices in San Jose, California, the company said. The company said it would cooperate with the investigation. It was not immediately known Monday if other LCD companies had also been targeted. Authorities around the globe are already investigating other chip markets for possible anticompetitive behavior, including price fixing, and some companies have been fined. This was the first indication of an investigation into the LCD market.The DoJ recently subpoenaed Advanced Micro Devices as part of an investigation into the graphics processor market. It has fined companies for price-fixing in the DRAM (Dynamic RAM) market, and is also currently investigating similar issues in the SRAM (Static RAM) sector. LG.Philips, a joint venture of LG Electronics and Philips Electronics, is one of the largest makers of LCD screens. It competes with Samsung Electronics and Sony, among others.-Nancy Gohring, IDG News Service (Dublin Bureau)Related Links: AMD Subpoeaned by DoJ Over Graphics Processing Sony to Produce 3 Millionth Made-in-Japan LCD TV LCDs Outsell CRTs in EuropeCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content BrandPost Leadership superpower: Succeeding sustainably As today's great leaders recognize, true success is not solely measured by the bottom line but also by the impact a business has on its stakeholders, including employees, partners, and the environment. By Marie Kalliney, Practice Leader, Digital Transformation Services, Broadcom Mar 28, 2023 5 mins IT Leadership BrandPost Helping the C-suite leverage their network as a business-boosting asset By Tanya O'Hara Mar 28, 2023 3 mins IT Leadership Opinion 5 hard questions every IT leader must answer Strong leadership is vital to IT success — and shouldn’t be taken for granted. Continual self-reflection is essential for knowing whether it’s time to restructure your approach to leading IT. By Thornton May Mar 28, 2023 5 mins Business IT Alignment IT Leadership Feature CIOs address the impact of hybrid work Assessing how some of the most progressive CIOs strive to provide both technological and emotional support for a dispersed workforce. By Pat Brans Mar 28, 2023 8 mins CIO Remote Work Employee Experience Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe