http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/ Engadget Comments for Execs go to jail, do not pass go in Samsung DRAM price fixing case http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
Defendant: "Quilty, your honor!"

:-P

(the sentence about the execs from hynix, etc)]]>Mar 23rd 2006 8:17AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
The problems with all these "evil corporations" is that there is no accountability. Illegal practices and tactics are used while hiding behind a corporate logo that seems to provide a sort of free-for-all haven for these execs to do anything and everything possible to fatten up their wallets just a little bit more.

It's sickening.]]>Mar 23rd 2006 9:11AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/Mar 23rd 2006 9:44AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/Mar 23rd 2006 9:53AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/Mar 23rd 2006 9:53AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
i didnt have to buy samsung products. i didnt care what they did. but now i surely have to pay the price of the case against them. how about people just dont buy stuff if it too expensive, and shut their damn whiny mouths?]]>Mar 23rd 2006 9:53AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
Quite frankly, Im not sure if you lack critical reading skills or are just plain retarded. So being the nice guy that i am let me attempt to explain to you why you are a f*cking retard; When they say price fixing, it means the execs from Samsung get together with all their competition and they agree on a set price, therefore not only do they have inflated prices but so does the competition.
If I HAVE to buy a computer for work, then part of the package I pay for is the memory manufactured by one of the companies involved in the price fixing scandal(because all of them are involved).
So I the consumer pay the price, I am unable to "shut my damn whiny mouth", because a computer is a necessity for my job, and I cant "not buy stuff if its too expensive".

In conclusion, you obviously have a very below average IQ and i am personally astounded that you had the mental capacity to even type a message let alone find this website. PLEASE, do the world a favor and go kill yourself immediately.


]]>Feb 20th 2007 7:24PMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/Mar 23rd 2006 10:01AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/Mar 23rd 2006 10:18AMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
Thank you for your enlightened post. Do you even know what price-fixing and collusion mean? It means that the biggest players in a specific market get together and agree to completely disregard market influences on price (supply and demand) and set a base-line price that none of them will undercut. It's not just Samsung; they fixed the price with every major supplier of DRAM for the US market.

This means that you didn't, actually, have a choice. Sure, you could avoid Samsung chips, but that only leaves Micron, Hynix, Infineon, etc. And they all fixed their price, too. If you bought an assembled computer, a laptop, or any DRAM memory on the market between 1999 and 2002, EVEN IF IT DIDN'T HAVE ANY OF THESE COMPANY'S CHIPS IN IT, you paid too much because they artificially set the price.

The inflated price for these brands' chips set a high bar for the few competitors out there; if SamHynInfMic set their price at, say, $10, then a competitor only has to come to market at ]]>Mar 23rd 2006 12:29PMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/Mar 23rd 2006 2:03PMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
]]>Mar 23rd 2006 2:29PMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/Mar 23rd 2006 2:31PMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
If Memory MFG receive such a treatment, M$ should be dismantled for their monopolization and price fixing of Windows + Office product worldwide. You have no choice but to purchase these SW nowadays and it kills me to pay $150-$300 every time. I can and will pay something in the $50-$70 range, but it has become insane. No freakin wonder piracy is such a common place these days.]]>Mar 23rd 2006 9:01PMhttp://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/http://www.engadget.com/2006/03/23/execs-go-to-jail-do-not-pass-go-in-samsung-dram-price-fixing-ca/
Five of the biggest companies were involved in the price fixing. One got of for ratting (up for debate if that's right or wrong), two other companies got fines, and Samsung and
Hynix, the ringleaders, got fines and jailtime. I guess I don't see the huge issue.


"If Memory MFG receive such a treatment, M$ should be dismantled for their monopolization and price fixing of Windows + Office product worldwide"

I think you're confusing a monopoly with a lack of alternatives. Microsoft isn't a monopoly because, theoretically, they are not practicing any sort of unfair competitive behavior. Any word processor can enter the market, there isn't an entry barrier. There just so happens that no one wants to. If you're really not down with Word, you're only real option is Open Office, but that's hard to lay at the feet of Microsoft.

]]>Mar 23rd 2006 10:58PM