N.Y. AG Sues Chip Makers Over Price Fixing
An AP newswire article, via The Globe and Mail, reports that:
New York's attorney general sued leading makers of memory chips Thursday, claiming they made secret price-fixing arrangements that inflated the cost of personal computers and other electronic devices.More here.
More than 30 other states were expected to file a separate but similar lawsuit against chip makers Friday in San Francisco federal court, California Attorney General Bill Lockyer said.
The lawsuits follow a long-running U.S. Justice Department investigation that has resulted in more than $730-million in fines and guilty pleas from four companies — Samsung Electronics Co., Elpida Memory Inc., Infineon Technologies AG and Hynix Semiconductor Inc.
posted by Fergie @ 7/13/2006 10:19:00 PM
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