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Organizations, consumers to get millions back from LCD purchases

Canadian court settlement opens way for compensation for alleged price-fixing

Snail mail is considered an antiquated way of doing business, but some organizations across Canada will soon get a very interesting letter telling them they qualify for a rebate.

Itโ€™s a result of a settlement between a group of Canadians in a class action price-fixing lawsuit. Five manufacturers of LCD panels for laptops, computer monitors and televisions โ€” including Samsung Electronics โ€” have agreed to set aside $37.6 million to compensate organizations and consumers who bought products between January, 1998 and December 2006.

(After legal and other fees the amount for disbursement will be about $25 million.)

A number of the manufacturers made panels that were put in equipment for brand names like Apple, Dell, HP and IBM.

As part of the agreement the manufactures didnโ€™t admit wrong-doing.

The letters will go to any Canadian organization that bought LCD products direct from one of the manufacturers. They donโ€™t have to provide proof of sale unless they want to contest the manufacturerโ€™s account of what was bought.

But Linda Visser, a partner in the Toronto law firm Siskinds LLC, who represented defendants in all provinces except B.C. and Quebec โ€” who were represented by separate law firms โ€” said in an interview organizations that bought through distributors and resellers The New Workplace: Supporting โ€œBring your ownโ€							Sponsor: IBM Canada Ltd
The New Workplace: Supporting โ€œBring your ownโ€
โ€œBring Your Own Deviceโ€ (BYOD) and the โ€œconsumerization of ITโ€ have taken hold in the enterprise, and employees using their own personal smartphones and tablets for business have become pervasive.
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