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RAM Manufacturers Fined for Price Fixing

Posted by Zonk on from the coincidences-pile-up dept.

TufelKinder writes "From Law.com: 'In the largest fine ever obtained by San Francisco antitrust prosecutors, a Korean company has agreed to plead guilty and pay $185 million for its role in a conspiracy to drive up the price of computer chips.' Micron and Infineon have also been fined for their role in the scheme." From the article: "It's the third-largest fine of its kind in the United States, and it could be just a preview of even bigger penalties. The far-reaching computer chip investigation, which alleges wrongdoing from 1999 through 2002, affects thousands of consumers."

2 of 216 comments (clear)

  1. Re:Price Fixing... by ZeeExSixAre · · Score: 0, Offtopic
    Don't you mean gas countries?

    Gas is not a global commodity. Only a small percentage of countries around the world hold oil beneath their surface. They (OPEC) can control the rise and fall of gas prices.

  2. Now for the Kimchi Manufacturers by derfel · · Score: 0, Offtopic

    Prices are too high. Must be fixed. I love that stuff.