News - Europe fines DRAM makers ?331 million for price fixing
Quote:
Samsung by far the most heavily fined, but all of them were involved to some extent.
Read more.
Re: News - Europe fines DRAM makers ?331 million for price fixing
Are we sure the cartel completely disbanded in 2002?
Re: News - Europe fines DRAM makers ?331 million for price fixing
We must assume the EC is satisfied of this.
Re: News - Europe fines DRAM makers ?331 million for price fixing
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Micron escaped punishment because it grassed the rest of them up in 2002.
Douche bags :p
Re: News - Europe fines DRAM makers ?331 million for price fixing
Hopefully this will mean cheaper RAM prices?
Re: News - Europe fines DRAM makers ?331 million for price fixing
The problem being, firstly, between them they probably raked in several times that which they were fined, so were basically rewarded heavily for fixing prices and then given effectively a light tap on the wrists.
Which only encourages them to do it again. If you can make a billion extra, and know you'll only pick up a couple hundred million in fines, thats an 800million incentive to do it, rather than a 200 million disincentive.
Re: News - Europe fines DRAM makers ?331 million for price fixing
Quote:
Originally Posted by
watercooled
Hopefully this will mean cheaper RAM prices?
Yes - in July 2002 (since when this practice has quite definitely stopped. Hasn't it? ;) )
Anyway, I thought that DRAM manufacturers were being investigated on the back of RAMBUS allegations that they kept prices artificially low? Or was that a different period? They stopped selling RAM at an artificially high price in order to sell it at an artificially low price?
I'm confused :O_o1: :confused:
