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Stories about: price fixing


Verdict Reached on Whether Micron and Hynix Fixed Memory Prices

Rambus has been locked in a lawsuit against Micron and Hynix over whether or not the latter two conspired to keep its RDRAM out of the market through price fixing. Now, a verdict has finally been reached, one that, though it may and will be appealed, sided with the defendants. During the late nineties, Rambus was t...

17 November 2011
16:51 GMT

Samsung Slammed in Court Again,This Time for LCD Price Fixing

Continuing the somewhat worrisome trend of gaining less than stellar results in the courtroom, Samsung has been fined again, albeit not alone, this time by the Korea FTC. Samsung, along with five other companies, will have to pay a fine of US$175 million, which is about the same as 127.69 million Euro. This is be...

1 November 2011
06:16 GMT

Alleged Price Fixing Gets Toshiba and 13 Others Sued

There have been many lawsuits involving entities from the IT industry, and there still are, so it isn't that surprising to hear of a new one sprouting up, although, true enough, the recent charges alleging price fixing are aimed at quite the number of companies.One thing that the IT industry, much like any othe...

17 June 2011
09:19 GMT

AU Optronics Questions the EC's 649 Million Euro Fine

It seems that the European Commission will still have to go through a few court meeting in its investigations into the LCD price fixing cartel now that one of its members intends to appeal at the Luxembourg general court.As it seems to be customary around the holidays, lawsuits are either sprouting up anew or contin...

9 December 2010
08:28 GMT

Six LCD Makers Fined 649 Million Euro for Price Fixing

It seems that the European Commission will be getting a quite solid monetary gift for Christmas, though technically is is a fine issued to six LCD makers found to have participated in a price fixing cartel.It seems that the holiday season is a favorite of lawsuits because yet another one has become the subject of th...

8 December 2010
11:09 GMT

LCD Makers Charged by New York AG over Price Fixing

Those that have been keeping track of the more recent events in terms of IT lawsuits will know that a number of LCD makers have been suffering the wrath of the US Department of Justice for having participated in a price fixing cartel some years back. A number of former executives even pleaded guilty already. Now, how...

9 August 2010
04:20 GMT

CMO Former Chairman Pleads Guilty in LCD Price Fixing Case

It seems that this month is filled with developments on the legal front, and this extends to more than just the antitrust case between NVIDIA and Rambus. While those two companies are appealing court rulings, a so-called conspiracy case is still in progress, with regards to an LCD price fixing cartel that illegally ...

31 July 2010
06:25 GMT

Memory Price Fixing Cartel Lawsuit Settles for $173

The ongoing month, if one were to count out Computex, may have come out as either somewhat dull or packed, mostly because IT news has consisted of nothing much besides consecutive product launches and related rumors. Unfortunately, the development that has now come to freshen up the industry, in a manner of speaking...

29 June 2010
08:25 GMT

Samsung and Eight Others Fined by EU for Chip-Price Fixing

There have been multiple investigations and charges of price fixing over the years, and while most of them were either dropped or are still not over, some are moving swiftly towards conclusion. Such is the case with the EU's actions against the memory chip cartel made up of Samsung Electronics, Hynix Semiconduct...

18 May 2010
06:48 GMT

LG Display and Chunghwa Executives Face Jail

According to the latest news in the industry, four of the current and former executives from LG Display and Chunghwa Picture Tubes have agreed to serve jail terms, after pleading guilty in the United States for participating in a price-fixing conspiracy regarding the sale of TFT-LCD panels. The executives in question...

21 January 2009
04:10 GMT

NVIDIA, ATI to Pay Almost $2 Million in Price Fixing Legal Dispute

It appears that the legal dispute against two of the largest graphics card manufacturers, AMD's subsidiary ATI and the Santa-Clara, California-based NVIDIA, regarding price fixing, has finally come to an end. Both companies have agreed to pay approximately $2 million in order to settle the antitrust lawsuit rega...

1 October 2008
11:03 GMT

Nintendo Contests Old European Fine

Back in 2002, when next gen consoles were a distant dream and when the Nintendo Wii was not even a formulated thought in the mind of its creators, Nintendo got sued and then fined by the European Commission, the executive branch of the European Union, because it had conspired with some distributors to unfairly raise ...

21 May 2008
09:03 GMT


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