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LG Display gets anti-trust clearance for LCD TV joint venture near Wroclaw


2011-05-04



The Office of Competition and Consumer Protection (UOKiK) has given the green light for LG Display and Top Victory Investments to form a joint venture for making LCD TVs in Biskupice Podgorne near Wroclaw.

The Office concluded that the entity, to be called L&T Display Technology, would not be distortive of competition because whereas LG Display makes TFT-LCD panels used mainly in TV sets, notebooks, and computer monitors, Top Victory Investments focuses on the design and manufacturing of monitors for desktop computers and TV sets.



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