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Infineon To Pay $160 Million For Fixing RAM Prices

Posted by timothy on from the long-running-saga dept.

Jerrod K writes "Infineon Technologies pleaded guilty to charges of price fixing in an international conspiracy. The Justice Department said this is the third largest antitrust settlement ever. Other memory chip makers involved include Hynix, Samsung, and Micron Technology." Reader phalse phace adds a link to CNET's coverage.

4 of 356 comments (clear)

  1. Re:Sweet. by rincebrain · · Score: 0, Redundant

    I recognize that the RAM is, if not the, then one of the most intricate and cost-intensive parts to produce and to purchase.

    I was simply pointing out that it's bloody expensive, too.

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    It's only an insult if it's not true.
  2. OPEC? by Foo2rama · · Score: 1, Redundant

    Call me dumb, but how is this different then what OPEC does? A small group of people set prices on what everyone pays for a commidity. After which they make a huge amount of money.

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    ---In a time of Chimpanzees I was a Monkey.
  3. Re:Fine line between "dumping" and fixing by johndoesovich · · Score: 0, Redundant

    Don't you mean *internationalise*

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    alias dir='rm -rf /'
  4. Re:Fine line between "dumping" and fixing by johndoesovich · · Score: 0, Redundant

    Excuse me, forgot the ?

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    alias dir='rm -rf /'