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Trilogy3452@lemmy.world to Technology@lemmy.worldEnglish · 1 month ago

Samsung, SK Hynix, Micron face antitrust class action lawsuit

finance.yahoo.com

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Samsung, SK Hynix, Micron face antitrust class action lawsuit

finance.yahoo.com

Trilogy3452@lemmy.world to Technology@lemmy.worldEnglish · 1 month ago
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Seventeen plaintiffs allege the chipmakers coordinated a shift to HBM production to artificially restrict commodity DRAM supply and drive up prices
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  • shadedmagus@lemmy.world
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    1 month ago

    It’s nice to see this case being brought.

    I hope it ends up doing something for the insane hardware costs. If nothing else, I’d hope that the old production lines can be stood up by other companies if Hynix and Micron can’t be arsed to continue.

  • floofloof@lemmy.ca
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    1 month ago

    It will only have an effect if the fines threaten their profits, and that seems unlikely.

    • Trilogy3452@lemmy.worldOP
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      1 month ago

      Fines aren’t the only option for punishment

  • dustyData@lemmy.world
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    1 month ago

    Burn the chip’s cartel.

  • Rentlar@lemmy.ca
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    1 month ago

    If this doesn’t lead anywhere, we’ll probably have to wait until 2029 when a competent governmental department free of corruption could possibly appear.

    • ExcessShiv@lemmy.dbzer0.com
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      1 month ago

      It’s a lot more work to remove corruption than it is to introduce it. Changing the political orientation of the the ruling majority is not even guaranteed to want to fix this. It’s a people problem, not a political problem.

    • berty@feddit.org
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      1 month ago

      Fucking Trump era needs to end!

  • AliOski@feddit.nl
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    10 days ago

    Anybody interested in the full filing, here you go: https://stream-ai.s3.us-west-1.amazonaws.com/class-action-complaints/6-25-26/Garciaguirre_et_al_v_Samsung_Electronics_Co_Ltd_et__candce-26-06345__0001.0.pdf

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