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The
European Commission imposed fines totaling 1.47 billion euros on
a group of companies including Philips, LG Electronics and
Panasonic in 2012 for participating in cartels in the market of
cathode ray tubes between 1996/97 and 2006.
Samsung SDI appealed on a variety of grounds, including that
sales of products not subject to the cartel should have been
excluded from the fine calculation and that it had been
discriminated against.
The General Court, the second highest EU court, rejected Samsung
SDI's appeal in 2015 and the European Court of Justice upheld
that ruling on Thursday, saying it could only reduce the fine if
it was inappropriate or excessive.
"That is not the case here," the court said.
Japanese consumer electronics group Toshiba lost a similar
appeal in January.
Cathode-ray tubes have largely been replaced by more advanced
display technologies such as liquid-crystal display (LCD), and
organic light-emitting diodes.
(Reporting by Philip Blenkinsop. Editing by Jane Merriman)
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