Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Submission Summary: 0 pending, 1 declined, 0 accepted (1 total, 0.00% accepted)

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×
Government

+ - DRAM Pricefixing Scheme

Submitted by jtvisona
jtvisona (971081) writes "In April of 2005, a Slashdot article covered the $185 million dollar fine that the DOJ ordered Hynix Inc. to pay since it was orchestrating with colleagues for years to fix the price of DRAM. A new article at Bloomberg.com chronicles the current situation of ongoing investigations by governments into continued or other forms of collusion. "Even if the DRAM chip cartel failed to raise prices, it earned $4.8 billion in revenue for chipmakers that paid a total of $1 billion in fines and civil settlements, court records show." Are cartels just an inevitable part of business? What ideas does the /. community have for preventing this sort of international collusion of manufacturers?"

In Nature there are neither rewards nor punishments, there are consequences. -- R.G. Ingersoll

Working...