Antitrust authorities in Europe, Japan, and South Korea conducted surprise, er, inspections at companies that make cathode ray tubes or CRTs, according to our friends at Bloomberg. The agencies apparently want to find out whether the manufacturers agreed to limit competition in this fast-shrinking industry.
CRTs go into television sets and computer monitors of people who either (a) can’t afford a flat-screen device or (b) like honkingly bulky electronic equipment.
Blawgletter suspects foul play. Contact us if you know something.
Barry Barnett
