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DOJ To Open Price-Fixing Query Into NAND Memory Market

Posted by Zonk on from the shouldn't-outta-have-done-that dept.

Ep0xi writes "Following on previous investigations into price fixing in the SRAM and DRAM memory market, the US Department of Justice has begun an antitrust investigation of the NAND flash-memory industry.' Edwin Mok, a financial analyst at Needham, added that the NAND market was competitive. Mok, who covers SanDisk, said he would be surprised if the company did anything wrong. 'I don't see a huge impact on the company or the stock,' he said. SanDisk shares were up $1.30, or 2.6 percent, to $51.29 on Friday. But [another industry analyst] said NAND prices showed an unusual 5 percent increase in the second quarter and are expected to climb an additional 8 percent in the third quarter, before declining again in the fourth quarter. Demand remains strong.'"

2 of 19 comments (clear)

  1. Re:I thought this was the FTC's domain by phoenixwade · · Score: 2, Informative

    I'm confused, I thought price fixing was the FTC's domain. Only as it would apply to the company's bookkeeping, and how it would affect the shareholders.

    Generally, the DOJ goes after criminal misconduct, and consumer misconduct type issues, and the FTC goes after Shareholder type issues. That's obviously an oversimplification, but it's a good starting point.

    --
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort.
  2. Re:Price Fixing, but price dropping?! by Hal_Porter · · Score: 2, Informative

    The odd thing is that in Korea Samsung was investigated by the Korean FTC for selling flash chips to Apple at below the manufacturing price -

    http://filesharingtalk.com/vb3/f-news-section-95/t-korean-ftc-could-investigate-apple-samsung-103919

    So on the one hand they get accused of dumping, on the other price fixing. Mind you DRAM manufacturers used to accuse each othe of (and I suspect probably did) both at various times, so it's not necessarily impossible.

    --
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