As prices rise for dynamic random access memory, also known as DRAM, consumers are crying fowl accusing DRAM makers of price-fixing and manipulation. The electronic memory chip is currently manufactured by three main suppliers: Samsung Electronics, SK Hynix Semiconductor and Micron Technology. According to reports, the suppliers used to sell DRAM at leveled or below market prices to increase purchasing; now, the suppliers have reduced production to “stabilize” pricing, according to reports, and have increased prices by about 35 percent since last November. One source is accusing the companies of abusing market dominance, and another South Korean electronics firm executive stated that it was “highly possible” that price-fixing is occurring within the industry.
Full Content: Xbit
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI