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Governments have sued DRAM companies for price fixing and forming cartels before: https://en.wikipedia.org/wiki/DRAM_industry_price_fixing https://en.wikipedia.
by carlm42 6d ago
Governments have sued DRAM companies for price fixing and forming cartels before: https://en.wikipedia.org/wiki/DRAM_industry_price_fixing https://en.wikipedia.org/wiki/DRAM_industry_price_fixing. They can absolutely step in and if there are evidence of price fixing or anti-competitive behaviours, can impose fines. The choice of whether to do that though is political.
- daedrdev 6d agoSeveral of these companies almost went under before the AI boom. There isn’t a cartel.
- lovich 6d agoIs there any allegations of price fixing in this case? The demand just skyrocketed. Other than legislation like the defense act in the US I don’t know of any governments that have jurisdiction over these ram makers that mandate companies produce more of a product. Especially not for consumer goods.
- wmf 6d agoIf they're charging one customer $X and another customer $5X for the same chips... there's got to be some law about this.
- SideQuark 6d agoAnd on that page govts have tried and failed at it also. Thinking the current prices are the result of fixing and not insane demand is surely going to lose in court. It’s trivial to show massive demand, and thus production line changes, as the driving forces here. If you look over all such lawsuits, they extremely rarely succeed.