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It wouldn't be a first: https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal
by tommy_axle 3mo ago
It wouldn't be a first: https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal
- xxs 3mo agoI thought the title missed the year (in parenthesis)
- theandrewbailey 3mo agoIt's been happening once every decade or so. I'm not surprised that they are being sued again.
- deleted 3mo ago[deleted]
- adiabatichottub 3mo ago[dead]
- jauntywundrkind 3mo agoTotal fines of about half a billion. Thats not nothing but it also does not seem like a real disincentive. Samsung is about to hand out ~$26B in bonuses. SK Hynix something similar-ish.
- tyre 3mo agoYes, but for context Samsung is a massive chaebol. You need to compare it to the business unit in question. It’s different to, say, Google’s vertical monopoly in advertising where that’s most of their revenue.
- stymaar 3mo agoThis! Samsung is one of the world's biggest ship maker for instance.
- SideQuark 3mo agoTrue. From that page RAM companies have been sued and found innocent before: “ The district court ruled in favor of Samsung, Hynix, and Micron and dismissed the lawsuit. This dismissal was affirmed on appeal by the United States Court of Appeals for the Ninth Circuit, which ruled in March 2022 that the plaintiffs did not offer sufficient plausible evidence for their allegations to make a case under the Sherman Antitrust Act and that the district court properly dismissed the lawsuit.”