The state alleged that Philips participated in an unlawful conspiracy with other CRT manufacturers(including LG< Panasonic, Hitachi, Chungwha, Toshiba and Samsung, to raise, fix, maintain, or stabilize the price of Cathode Ray Tubes at artificially high levels and to maintain the quantities of CRTs at artificially low levels, in violation of Washington's consumer protection and antitrust statutes. The state alleged this conspiracy continued from 1995 to 2007.The lawsuit alleges Philips representatives attended secret meetings with other companies, known internally as "glass meetings,â€ in which they agreed to fix prices of CRTs. For example, the companies agreed to artificially restrict supply to keep prices high and share information with competitors regarding capacity, production, prices and customer demands for CRTs.According to the lawsuit, conspirators split the glass meetings into three tiers: "top meetingsâ€ for high-level company executives, "management meetingsâ€ for mid-level managers, and "working-level meetingsâ€ for lower-level sales and marketing employees. Philips attended meetings at all three levels. The lawsuit alleges the companies' scheme allowed them to keep CRT prices high, even as liquid crystal display, or LCD, screens were introduced to the market. Philips no longer produces CRTs. Philips agreed to pay $7 million to recompense Washington consumers.