CNet is reporting that LG Display, Sharp, and Chunghwa Picture Tubes have pleaded guilty to charges of pricing fixing LCD display and have agreed to pay a fine of $585 million.

The report states that the three companies held meetings about setting prices of TFT-LCD displays.

They agreed to charge predetermined prices for the displays, issued price quotes based on those agreements, and exchanged sales information on the display panels, in order to monitor and enforce the agreement, the Justice Department said.

Apple, Dell and Motorola were among the larger companies affected by the price fixing.

Sharp was the company who affected Apple directly as between September 2005 to December 2006 the company used Sharp displays in all iPods sold at the time.