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Name	Symbol	Market	Type
Lyxor Index Fund-Lyxor Stoxx Europe 600 Pers& Hou Good UCITS ETF	BIT:PHG	Italy	Exchange Traded Fund

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Philips: Received EU Cartel Charges On LCD Display Panels

13/07/2009 11:28am

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Dutch conglomerate Royal Philips Electronics NV (PHIA.AE) Monday said it received cartel charges from the European Commission in May, as a result of price fixing by one of its former units.

The commission alleges that Philips is "jointly and severally liable for anticompetitive behavior by LG Display" (LPL), formerly known as LG Philips LCD Co., for the period that it held joint control of the company, Philips says.

Philips sold its remaining shareholding in LG Display in March 2009. The company said it plans to "vigorously" oppose the commission's charges.

-By Peppi Kiviniemi, Dow Jones Newswires; +3227411483; peppi.kiviniemi@dowjones.com