Sharp Corporation has challenged a recent decision by Japan’s Fair Trading Commission, which accused the company of price fixing with other manufacturers in the production of LCD screens for Nintendo’s DS portable gaming device.
The Japan Anti-Monopoly Watchdog decided on 18 December 2008, that Sharp Corporation violated the Anti-Monopoly Act by exchanging information with rival LCD manufacturer Hitachi Display Ltd, before selling displays to Nintendo.
Sharp Corporation was issued a cease and desist order as well as a 261 million yen fine for the offense.
The decision was challenged yesterday when Sharp officially appealed the verdict and complained to the Japan Fair Trading Commission.
Sharp believes that there was no violation of the Anti-Monopoly Act in connection with deal with Nintendo and commented in a statement, “we intend to explain our case in the complaint procedures and seek for a fair decision under the law.”
Both Sharp and Hitachi received the cease and desist orders, but Hitachi was not imposed with a fine.
Sharp Corporation has insisted the company is granted another hearing by the commission to resolve the allegations.