company was part of a group of seven cathode ray tube makers
fined a total 1.47 billion euros by the European Commission in
2012 for fixing prices and restricting output for cathode ray
tubes for televisions and computer screens for a decade.
Toshiba subsequently challenged the EU competition enforcer's
ruling at the Luxembourg-based General Court which cut the fine
imposed on its MTPD joint venture to 82.8 million euros ($88.5
million) from 86.7 million euros.
Toshiba later appealed to the Court of Justice of the European
Union (ECJ), saying that it could not control MTPD's decisions
and therefore could not be held liable.
The ECJ on Wednesday rejected its argument.
"The Court confirms the fine of 82 million euros imposed jointly
and severally on Toshiba and Panasonic/MTPD for their
participation in the cartel on the market for tubes for
television sets," judges said in their verdict.
(Reporting by Waverly Colville. Editing by Jane Merriman)
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