Tag Archives: Cathode-Ray

Hitting the Books: Without glass, we’d have never discovered the electron

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From the dawn on time, humans have manipulated the material world around us to suit our will. We started off banging rocks together before moving on to wielding bronze and then iron tools. We parlayed iron into steel and built an industrialized exist...

Samsung, LG, Philips and other TV makers fined $1.9 billion for EU price fixing

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Samsung, LG, Philips and other TV makers fined $19 billion for EU price fixing

Some of the biggest TV manufacturers have been slapped with a $1.92 billion fine by the EU after regulators found the gang had been fixing prices of cathode-ray tubes for more than 20 years. Competition chief Joaquin Alumunia said that the group were acting as a cartel, featuring "all the worst kinds of anti-competitive behavior that are strictly forbidden [...] in Europe." Philips ate the biggest fine, having to pay $411 million, while LG, Panasonic, Samsung, Toshiba and Technicolor all coughed up between $386 million and $36 million. It follows an investigation which began in 2007 -- just when we all fell out of love with the old-fashioned technical standard.

[Image Credit: Wikimedia Commons]

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Source: Reuters