DRAM price fixing scandal: Difference between revisions
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"In December 2003, the Department charged [[Alfred P. Censullo]], a Regional Sales Manager for [[Micron Technology]] 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."{{Ref|micron}} |
"In December 2003, the Department charged [[Alfred P. Censullo]], a Regional Sales Manager for [[Micron Technology]] 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."{{Ref|micron}} |
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On October 20, 2004, Infineon also pled guilty. The company was fined US$160M for its involvement, then the third largest [[antitrust]] fine in US history. In April 2005, [[Hynix|Hynix Semiconductor]] was fined US$185M after they also admitted guilt. In October 2005, [[Samsung]] entered a guilty plea in connection with the cartel.<ref>{{Cite press release |
On October 20, 2004, Infineon also pled guilty. The company was fined US$160M for its involvement, then the third largest [[antitrust]] fine in US history. In April 2005, [[Hynix|Hynix Semiconductor]] was fined US$185M after they also admitted guilt. In October 2005, [[Samsung]] entered a guilty plea in connection with the cartel.<ref>{{Cite press release|title=SAMSUNG AGREES TO PLEAD GUILTY AND TO PAY $300 MILLION CRIMINAL FINE FOR ROLE IN PRICE FIXING CONSPIRACY |publisher=US Department of Justice |date=13 October 2005 |url=http://www.justice.gov/atr/public/press_releases/2005/212002.htm |accessdate=30 June 2010 |deadurl=yes |archiveurl=https://web.archive.org/20051112051337/http://www.justice.gov/atr/public/press_releases/2005/212002.htm |archivedate=November 12, 2005 }}</ref> |
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| title = SAMSUNG AGREES TO PLEAD GUILTY AND TO PAY $300 MILLION CRIMINAL FINE FOR ROLE IN PRICE FIXING CONSPIRACY |
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| publisher = US Department of Justice |
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| date = 13 October 2005 |
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| url = http://www.justice.gov/atr/public/press_releases/2005/212002.htm |
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| accessdate = 30 June 2010 }}{{Dead link|date=November 2015}}</ref> |
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==See also== |
==See also== |
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Revision as of 16:31, 29 February 2016
In 2002, the United States Department of Justice, under the Sherman Antitrust Act, began a probe into the activities of dynamic random access memory (DRAM) manufacturers.[citation needed] US computer makers, including Dell and Gateway, claimed that inflated DRAM pricing was causing lost profits and hindering their effectiveness in the marketplace.[citation needed]
To date, five manufacturers have pleaded guilty to their involvement in an international price-fixing conspiracy including Hynix, Infineon, Micron Technology, Samsung, and Elpida.[1]
"In December 2003, the Department charged Alfred P. Censullo, a Regional Sales Manager for Micron Technology 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."[1]
On October 20, 2004, Infineon also pled guilty. The company was fined US$160M for its involvement, then the third largest antitrust fine in US history. In April 2005, Hynix Semiconductor was fined US$185M after they also admitted guilt. In October 2005, Samsung entered a guilty plea in connection with the cartel.[2]
See also
References
- ^ "Memory makers hit by price-fixing claims". The Register. Retrieved 2007-08-01.
{{cite news}}: Cite has empty unknown parameter:|coauthors=(help) - ^ "SAMSUNG AGREES TO PLEAD GUILTY AND TO PAY $300 MILLION CRIMINAL FINE FOR ROLE IN PRICE FIXING CONSPIRACY" (Press release). US Department of Justice. 13 October 2005. Archived from the original on November 12, 2005. Retrieved 30 June 2010.
{{cite press release}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help)
- Execs go to jail, do not pass go in Samsung DRAM price fixing case
- Four Infineon Technologies Executives Agree to Plead Guilty in International DRAM Price-Fixing Conspiracy
- Korean Company Hynix Agrees to Plead Guilty to Price Fixing