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DRAM Makers Accused of Price Fixing
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."
Blasted DRM makers.... oh, wait a minute.....
They price fixed for 5 years ... starting in the 1990s...
I wonder if the summary author knows that it's 2006.
If the DRAM market is corrupt, I'll just switch to something else: Rambus! Oh wait...
Colin Dean Go a year without DRM
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*
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