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DRAM Makers Accused of Price Fixing

Posted by ryuzaki0 on from the a-little-monopoly-between-friends dept.

AdamWeeden writes "According to the EETimes, many of the states in the U.S. have entered into a class-action lawsuit against a group of eight DRAM manufacturers. The companies are accused of price-fixing computer memory for over five years, beginning in the late 1990s." From the article: "Four companies and 12 executives have so far pleaded guilty to participating in the conspiracy and have been assessed more than $730 million in fines. In May, three of the four companies, Samsung Electronics, Hynix Semiconductor Inc. and Infineon Technologies AG agreed to pay a total of $160 million to settle class action suits related to price fixing. Elpida Memory Inc., the fourth company to plead guilty, is still involved in the class-action suits."

7 of 177 comments (clear)

  1. DRM; oh nos! by Anonymous Coward · · Score: 4, Funny

    Blasted DRM makers.... oh, wait a minute.....

  2. Wait... by Anonymous Coward · · Score: 4, Funny

    They price fixed for 5 years ... starting in the 1990s...

    I wonder if the summary author knows that it's 2006.

  3. Haha by Rinisari · · Score: 4, Funny

    If the DRAM market is corrupt, I'll just switch to something else: Rambus! Oh wait...

    --
    Colin Dean Go a year without DRM
  4. Free RAM to everyone by vincnetas · · Score: 2, Funny

    730.000.000$ / 200$ = 3.650.000Gb = Free RAM to everyone.
    Yahooooo !!!

  5. I want to see them on the stand. by Rob+T+Firefly · · Score: 5, Funny

    PROSECUTOR: Did your company engage in price fixing?

    DRAM MEMORY: Maybe, maybe not... I just woke up, so I can't remember anything before that.

    FLASH RAM: He did! He did! I'm sure of it.

    BUBBLE MEMORY: We never had this nonsense in my day, I tellya what. *cough cough*

    PUNCH CARD: You're tellin' me. *wheeze*

    --
    Slashdot Burying Stories About Slashdot Media Owned
    1. Re:I want to see them on the stand. by WilliamSChips · · Score: 2, Funny

      What type of memory is "Prosecutor" memory? Is that some new-fangled method?

      --
      Please, for the good of Humanity, vote Obama.
  6. Re:Price Fixing by Anonymous Coward · · Score: 1, Funny

    Well then, how about having them replace the RAM chips purchased by consumers during the offending period.. for the newest, biggest memory chips they've got now.

    I'd love to trade my 64MB PC100 SDRAM for a 2GB DDR400 stick...