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Electronics Cos. Fight 'Drastic' $2B Price-Fixing Default

By Bonnie Eslinger ( June 14, 2024, 11:06 PM EDT) -- Irico Group and a subsidiary on Thursday opposed a special masters report recommending the Chinese electronics companies should be on the hook for over $2 billion in default judgment in litigation alleging they participated in a cathode ray tube price-fixing conspiracy, telling a California federal court the remedy is "drastic" and unwarranted. . . .

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