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

Posted by Zonk on from the that's-a-lot-of-ram dept.

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."

2 of 227 comments (clear)

  1. Does that mean? by ZiakII · · Score: 0, Troll

    Does that mean all Battlefield 2 players will be getting $10 in the mail?

  2. Settlement will finance the War on Porn by kylef · · Score: 0, Troll

    That $300 million will go to finance the Bush administration's War on Pornography, which is now one of the top priorities in the Justice Department. I'm sure that money will be used to hire staff and lawyers to draw up vague "obscenity" charges against anyone distributing any form of pornography in the U.S.

    As a fiscal conservative, I'm ashamed to say that I voted for Bush and did not see this coming. Laugh if you will, but I honestly thought politicians had given up policing the bedroom. Apparently not. (And don't give me any partisan crap, many Democrats would love to kill off porn as well...)