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:
“It doesn’t do good to open doors for someone who doesn’t have the price to get in. If he has the price, he may not need the laws. There is no law saying the Negro has to live in Harlem or Watts.”
—Ronald Reagan (b. 1911)
“he dreadful darts
With rapid glide along the leaning line;
And, fixing in the wretch his cruel fangs”
—James Thomson (1700–1748)
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—Jimmy Carter (James Earl Carter, Jr.)