Utahns who bought anything made by Panasonic last year may be getting an unexpected check in the mail soon.
The state attorney general's office said Monday it has joined a nationwide settlement with the company, which is accused of forcing retailers to raise prices.Although it is returning $8.5 million nationwide, Panasonic insists it has done nothing wrong. However, Utah has filed suit against the company, claiming company officials met at an electronics convention in Las Vegas, Nev., in 1988 and conspired to violate antitrust laws.
The settlement, reached with the help of the New York attorney general, gives Panasonic officials one month to identify customers who paid too much for products. The company then will send refunds to those people.
The Utah attorney general's office will distribute the money owed to state residents.