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LG Chem: Being Investigated by US Justice Department on Possible Price Fixing of Lithium Batteries

LG Chem (051910.SE) is currently under investigation by the U.S. Department of Justice on possible price fixing of lithium batteries, a spokesman for the company said Tuesday.
While the spokesman wasn’t immediately able to confirm when the investigations had started, local newspaper Korea Economic Daily reported earlier in the day that the U.S. Department of Justice has been conducting an investigation into LG Chem and Samsung SDI (006400.SE) since the first half of last year.


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