DRAM manufacturer to plead guilty to price fixing

Discussion in 'Current Events' started by SpaceMusic_Guy, Sep 15, 2004.

  1. SpaceMusic_Guy macrumors member

    Joined:
    Mar 18, 2003
    Location:
    Mpls., MN
    #1
    Hey Everyone,

    Well, well.......looks like most of the major companies that make DRAM for most of our computers have been involved in a price fixing conspiracy.

    Infineon Technologies is pleading guilty to Price Fixing.....with most of the other DRAM manufacturing companies facing lawsuits. So, we've been paying more money for computers for quite some time now because of the this price fixing on Ram. Pretty disgusting if you ask me !!

    Here's a link to the article..........www.cnn.com/2004/LAW/09/15/tech.price.fixing/index.html

    :mad
     
  2. iceTrX macrumors regular

    Joined:
    Aug 5, 2004
    Location:
    Outside of Detroit.
    #2
    If I remember correctly they have done this before :mad:
    Where does the 160 million dollars infineon has to pay go? To the government/lawyers I guess? :rolleyes:

    The consumers should be the ones getting a piece of that.
     
  3. crachoar macrumors 6502a

    Joined:
    Mar 22, 2004
    Location:
    Ohio
    #3
    Somehow, I don't think we'll see Apple lowering any prices after this. :(
     
  4. wrldwzrd89 macrumors G5

    wrldwzrd89

    Joined:
    Jun 6, 2003
    Location:
    Solon, OH
    #4
    Somehow, I tend to agree :(
     
  5. Abstract macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location Location
    #5
    Oh great. Even if it would have only saved me around $10 on a purchase of a new computer, its still $10. :mad:

    I wish the group of people who decided on the price fixing would go to jail for 5 years or so. The way I see it, they robbed millions of people.
     

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