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Samsung To Pay Out $300 Million In Anti-Trust Suit

infernalC writes "Reuters is reporting that Samsung has agreed to plea guilty to charges of price fixing in the memory market in a $300 million settlement." From the article: " Samsung would become the third chip maker to plead guilty in the wide-ranging probe of the prices of dynamic random access memory, or DRAM, chips. The Justice Department has blamed the price-fixing conspiracy for driving up the price of chips used in products ranging from personal computers and servers to cell phones, cameras and game consoles."

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  1. Re:Fines and Penalties by ergo98 · · Score: 0, Flamebait

    Often? Care to cite some numbers in support of your claim?

    Care to cite some numbers that disproves it, dickhead?

    You have just contradicted yourself. If their is a kernel of truth in the indictments, then they have criminal liability

    Only in the world of tinfoil-helmeted simpletons - those who see the world as a nothing but opposites - did I contract myself. Every reasonable sized company on the planet - being a collection of imperfect humans after all - has employees who have transgressed both the law and morality. (OMG! I used logic and a knowledge of human instinct to provide an unproven observation!) Maybe an email between low-level employees in a manner that is inconsistent with regulations. In no way is that comparable to CEOs getting together and setting collusion strategies. You see, there are an amazing number of grays in this place we call reality.

    So we should just quit prosecuting criminal cases against corporations?

    Good to see that you totally missed the point. What I actually said was that out-of-court settlements - something that is terribly vulnerable to fishing expeditions and extortion - shouldn't be allowed. If they have a case then it should go before a judge and tried.