Price Fixing Controversy
In 2004–2005 an investigation was carried out into a worldwide DRAM price fixing conspiracy during 1999–2002 that damaged competition and raised PC prices. As a result, Samsung is to pay $300 million fine, Hynix was to pay $185 million in 2005, Infineon: $160 million in 2004. Micron Technology cooperated with prosecutors and no fine is expected.
Read more about this topic: Infineon Technologies
Famous quotes containing the words price, fixing and/or controversy:
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all this leprous day and then more vodka,
more soda and the pond forgiving our bodies,
the pond sucking out the throb.”
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“Ours was a highly activist administration, with a lot of controversy involved ... but I’m not sure that it would be inconsistent with my own political nature to do it differently if I had it to do all over again.”
—Jimmy Carter (James Earl Carter, Jr.)