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On 19 May, 2010, European antitrust regulators also fined nine semiconductor manufacturers more than €331 million for the cartel that operated back in 2002. The companies fined are
Samsung Electronics, Infineon, Hynix Semiconductor, Elpida Memory, NEC Electronics, Hitachi, Toshiba, Mitsubishi
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On 27 April 2018, Hagens Berman filed a class-action lawsuit against
Samsung, Hynix, and Micron in U.S. District Court alleging the trio engaged in DRAM price fixing causing prices to skyrocket through 2016 and 2017. Between June 2016 and January 2018, the price of DRAM nearly tripled.
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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."
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Electric and Nanya
Technology. Micron Technology received immunity for blowing the whistle on the cartel and will not be fined for its involvement.
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On 20 October 2004, Infineon also pleaded guilty. The company was fined US$ 160M for its involvement, then the third largest
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308:"Antitrust: Commission fines DRAM producers € 331 million for price cartel; reaches first settlement in a cartel case"
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229:"SAMSUNG AGREES TO PLEAD GUILTY AND TO PAY $ 300 MILLION CRIMINAL FINE FOR ROLE IN PRICE FIXING CONSPIRACY"
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Four
Infineon Technologies Executives Agree to Plead Guilty in International DRAM Price-Fixing Conspiracy
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To date, five manufacturers have pleaded guilty to their involvement in an international
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366:"Samsung, Hynix, Micron sued for DRAM price fixing that could have raised PC prices"
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50:(DRAM) manufacturers in response to claims by US computer makers, including
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was fined US$ 185M after they also admitted guilt. In
October 2005,
156:"Samsung Exec Gets Jail Time For Role In DRAM Price-Fixing Scandal"
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conspiracy between July 1, 1998, and June 15, 2002, including
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Korean
Company Hynix Agrees to Plead Guilty to Price Fixing
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entered a guilty plea in connection with the cartel.
177:"Infineon to pay $ 160M fine for DRAM price-fixing"
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198:"Memory makers hit by price-fixing claims"
93:"In December 2003, the Department charged
27:2002-2018 Court cases in US & Europe
259:UNITED STATES OF AMERICA v. SUN WOO LEE
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46:, began a probe into the activities of
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109:fine in US history. In April 2005,
40:United States Department of Justice
422:. You can help Knowledge (XXG) by
277:"Samsung men 'admit' price fixing"
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235:. 13 October 2005. Archived from
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262: (D.C. Cir. 2006),
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97:, a Regional Sales Manager for
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154:Gaudin, Sharon (2006-12-22).
418:This computing article is a
48:dynamic random-access memory
175:Gross, Grant (2004-09-15).
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469:Anti-competitive practices
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479:Price fixing convictions
233:US Department of Justice
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341:Hagens Berman Lawfirm
44:Sherman Antitrust Act
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239:on November 12, 2005
337:"DRAM Price Fixing"
111:Hynix Semiconductor
95:Alfred P. Censullo
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231:(Press release).
120:On 5 April 2006,
99:Micron Technology
75:Micron Technology
18:Dram price fixing
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42:, under the
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463:Categories
351:2018-10-29
322:2023-10-30
293:2016-04-08
214:2007-08-01
141:References
312:Europa.eu
132:2017–2018
107:antitrust
89:2002–2005
345:Archived
316:Archived
287:Archived
282:BBC News
208:Archived
71:Infineon
474:Cartels
243:30 June
115:Samsung
79:Samsung
56:Gateway
83:Elpida
81:, and
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420:stub
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245:2010
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