DRAM price fixing

DRAM price fixing

In 2002, the United States Department of Justice, under the Sherman Antitrust Act, began a probe into the activities of dynamic random access memory (DRAM) manufacturers.[citation needed] US computer makers, including Dell and Gateway, claimed that inflated DRAM pricing was causing lost profits and hindering their effectiveness in the marketplace.[citation needed]

To date, five manufacturers have pleaded guilty to their involvement in an international price-fixing conspiracy including Hynix, Infineon, Micron Technology, Samsung, and Elpida.[1]

"In December 2003, the Department charged Alfred P. Censullo, a Regional Sales Manager for Micron Technology Inc., with obstruction of justice in violation of 18 U.S.C. § 1503. Censullo pleaded guilty to the charge and admitted to having withheld and altered documents responsive to a grand jury subpoena served on Micron in June 2002."[1]

On October 20, 2004, Infineon also pled guilty. The company was fined $160M for its involvement, then the third largest antitrust fine in US history. Hynix Semiconductor soon took the third position in April 2005 with a $185M criminal penalty after they also admitted guilt. In October 2005, Samsung entered their guilty plea in connection with the cartel.[2]

See also

  • Antitrust

References

External links


Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Price fixing — is an agreement between business competitors to sell the same product or service at the same price.In general, it is an agreement intended to ultimately push the price of a product as high as possible, leading to profits for all the sellers.… …   Wikipedia

  • Price fixing cases — USAir TravelOn 1 August 2007 it was reported that British Airways has been fined £121.5 million [ cite news | title = BA gets £121.5m price fixing fine| publisher = BBC News | date = 8 January 2007 | url =… …   Wikipedia

  • Dynamic random-access memory — DRAM redirects here. For other uses, see Dram (disambiguation). Computer memory types Volatile RAM DRAM (e.g., DDR SDRAM) SRAM In development T RAM Z RAM TTRAM Historical Delay line memory Selectron tube Williams tube …   Wikipedia

  • Infineon Technologies — Infobox Company company name = Infineon Technologies AG company company type = Public (FWB|IFX, nyse|IFX) foundation = 1999 location city = Neubiberg location country = Germany key people = Peter Bauer (CEO and Chairman of the executive board),… …   Wikipedia

  • Micron Technology — Micron Technology, Inc. Lema Capture. Move. Store. Tipo Sociedad anónima (NYSE: MU) Fundación 1978 …   Wikipedia Español

  • United States antitrust law — is the body of laws that prohibits anti competitive behavior (monopoly) and unfair business practices. These competition laws make illegal certain practices deemed to hurt businesses or consumers or both, or generally to violate standards of… …   Wikipedia

  • Sherman Antitrust Act — Sen. John Sherman (R OH), the principal author of the Sherman Antitrust Act …   Wikipedia

  • Dynamic random access memory — (DRAM) is a type of random access memory that stores each bit of data in a separate capacitor within an integrated circuit. Since real capacitors leak charge, the information eventually fades unless the capacitor charge is refreshed periodically …   Wikipedia

  • Timeline of computing 1990–present — This article presents a timeline of events in the history of computing from 1990 to the present. For a narrative explaining the overall developments, see the related history of computers and history of computer science.Computing timelines: 2400… …   Wikipedia

  • Samsung Electronics — 삼성전자 Type Public Korean: 삼성전자 Traded as KRX: 005930 …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”