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Posts with tag fine

Sharp, LG to pay big fines for LCD price fixing

There may have been a long shot in Hades that Sharp and LG would navigate their way out of paying a full $120 million / $400 million fine for their respective roles in a recent LCD price fixing bust, but that shot has apparently failed. It was announced this week that both firms would indeed be sentenced to pay the full fine "for their role in a price-fixing scheme that forced millions of US consumers to overpay for gadgets using liquid-crystal displays." The other culprit, Taiwan's Chunghwa Picture Tubes, has already agreed to plead guilty to criminal charges and will be sentenced in January. Happy holidays, huh?

Comcast blows off FCC inquisition, could face fines


Tsk, tsk. It seems that Comcast has all the time in the world to investigate just how high it should push cable rates, but not a moment to really sit down and answer questions from the FCC. Okay, so maybe that's a touch harsh, but it's really not far from the truth. It's stated that Comcast provided an "inadequate response" to a recent FCC request for "information on cable company policies as they switch to digital signals." As you could likely guess, Comcast isn't the only guilty party, but chairman Kevin Martin did pick on Comcast's "narrative" of a reply. Comcast alleges that fully completing the request would've required 1,500 man hours, and while we don't doubt the legitimacy of such a claim, we'd still probably think twice before pushing back a half-hearted response to the almighty Federal Communications Commission.

[Image courtesy of JournalGroup]

Retailers contest FCC fines on in-store analog-only signage

Best Buy, Circuit City fight FCC
To no one's surprise, retailers are putting up a fight against fines handed out by the FCC regarding point-of-sale notification that analog-only TVs will go black after the digital switchover. Circuit City was the first to lodge a complaint and Best Buy followed quickly afterwards. Among the retailers' complaints are: the required signage was never made available for comment, the acts were not "willful or repeated," and that the FCC has no jurisdiction over the sales. We've tried to use arguments similar to those first two on speeding tickets -- you guess the result. Whether or not the FCC has jurisdiction is the more interesting point; the commission justified imposition of its point-of-sale rules in part III-B of its "Second Report and Order." Our take is that this legal action is really just a not-so-friendly way to negotiate the fines down, and expect the retailer bandwagon to get crowded if this is successful.

Read - Circuit City challenges FCC fine
Read - Best Buy challenges FCC fine
Read - FCC "Second Report and Order" [PDF link]

Verizon facing fines for poor phone service, FiOS TV expansion partly to blame


Ruh roh. Seems that perpetual gripes down in Tampa Bay, Florida have finally amounted to something substantial. Just months after hearing a chorus of complaints about Verizon's lackluster customer service, we're now seeing that the carrier could face upwards of $6.5 million in fines for "willful and repeated lapses in Verizon's telephone service." Interestingly, it's reported that Verizon actually has fessed up to some service lapses, and it made a point to explain that it has been "simply overwhelmed with demand for the FiOS service." More specifically, it "acknowledged hiccups in repair service amid strong demand for its FiOS services," but has promised to bring things back up to par hastily. Tap the read link for more on the mess.

Break the FCC's digital transition rules? That's a $6 million finin'

As seen previously, the FCC isn't scared to put the financial smackdown on anyone it finds not playing up to the rules of the digital transition, and has dropped about $6 million in fines on 11 companies. Several of the companies fined were retailers it says did not properly mark TVs that had only analog tuners and won't get OTA TV after it's shut off next year. Wal-Mart got dinged for $992k, $1.1 million went against Sears, $712k for Circuit City, $296k against Target and $280k against Best Buy. Syntax-Brillian was one of two companies that caught a charge for importing TVs without a digital tuner after the deadline, two more were fined for V-chip violations, while Panasonic and Philips were among seven others that settled to avoid fines. That probably won't cover all those $40 coupons, but it can't hurt.

[Via Zatz Not Funny & Cable Digital News]




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