Class action lawsuit accuses Samsung, Micron, and SK Hynix of RAM price-fixing
By
Mike Straw
Summary
A class action lawsuit filed on June 25 in the Northern District of California accuses Samsung, Micron, and SK Hynix of colluding to fix RAM prices and restrict availability, harming consumers. The lawsuit alleges the three major memory manufacturers coordinated efforts to artificially inflate prices, continuing a pattern of alleged anticompetitive behavior in the DRAM market.
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Key quotes
· 3 pulledA new class action lawsuit filed in the Northern District of California in the United States is taking aim at Samsung, Micron, and SK Hynix.
This lawsuit, which was filed on June 25 in California, accuses the companies of collusion and price-fixing, specifically when it comes to RAM.
Consumers are getting tired of the price increases and lack of availability of computer components like RAM and storage, and they're trying to do something about it.
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