DRAM price fixing
||This article's tone or style may not reflect the encyclopedic tone used on Wikipedia. (July 2009)|
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. US computer makers, including Dell and Gateway, claimed that inflated DRAM pricing was causing lost profits and hindering their effectiveness in the marketplace.
"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."
On October 20, 2004, Infineon also pled guilty. The company was fined $160M for its involvement, then the third largest antitrust fine in US history. Hynix Semiconductor soon took the third position in April 2005 with a $185M criminal penalty after they also admitted guilt. In October 2005, Samsung entered their guilty plea in connection with the cartel.
- "Memory makers hit by price-fixing claims". The Register. Retrieved 2007-08-01.
- "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. Retrieved 30 June 2010.
- 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