First it was chips, now it\u2019s 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\u2019 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\u2019 offices in Tokyo, and the U.S. Department of Justice (DoJ) issued a subpoena to LG.Philips\u2019 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:\n\nAMD Subpoeaned by DoJ Over Graphics Processing\n\nSony to Produce 3 Millionth Made-in-Japan LCD TV\n\nLCDs Outsell CRTs in EuropeCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage.