RAM Manufacturers Fined for Price Fixing 216
TufelKinder writes "From Law.com: 'In the largest fine ever obtained by San Francisco antitrust prosecutors, a Korean company has agreed to plead guilty and pay $185 million for its role in a conspiracy to drive up the price of computer chips.' Micron and Infineon have also been fined for their role in the scheme." From the article: "It's the third-largest fine of its kind in the United States, and it could be just a preview of even bigger penalties. The far-reaching computer chip investigation, which alleges wrongdoing from 1999 through 2002, affects thousands of consumers."
Your honor, I don't have that memory (Score:5, Funny)
So (Score:5, Funny)
Well done, lads. (Score:5, Funny)
Okay, okay, I admit it, I'm drunk.
well thats just great (Score:4, Funny)
I'm waiting (Score:3, Funny)
Re:Thanks a lot.... (Score:5, Funny)
Re:Price Fixing... (Score:5, Funny)
The American public knows what it wants, and deserves to get it. Good and hard.
Re:Price Fixing... (Score:1, Funny)
WTF do you think OPEC does, pick daisies?
(OK OK mod me down)
Re:Thanks a lot.... (Score:5, Funny)
Of the 185 million, half goes to the court costs on the part of the government (92.5 million). Half of that goes to lawyers (46 million). Half of that goes to the expert witnesses (23 million). Half of that goes to the "betterment of society" committee, that takes a look at how RAM prices affect San Francisco's children (11 million).
Another half gets lost in the bureaucratic mix (6 million). Half of that goes to fun a failed municipal wireless project (3 million). And the other 3 million goes back to the good citizen's of San Francisco in the form of a park or statue or something else people can look at and talk proudly of how their government provides them with so much.
Just makes you damn proud to be an American, doesn't it? I know I am!
Re:Clever move by Micron (Score:3, Funny)
As settlement, each San Fran resident... (Score:4, Funny)
Re:Your honor, I don't have that memory (Score:2, Funny)
Defendant: "I do not recall, sir."
Prosecutor: "So you're a memory company and you don't remem--"
Attorney: "Objection!"
Judge: "What grounds?"
Attorney: "Argumentative."
Judge: "Overruled. You run a memory company, at least buy some of your product, dammit."
Defendant: "Understood, Your Hon--"
Judge: "You, just shut up."
Cartels (Score:2, Funny)
Re:Wow (Score:3, Funny)
To start, you can cache Windows to a ramdrive to speed things up a little, or if you're a linux zealot, you can cache an entire Knoppix LiveCD to a ramdrive, and have all the more space on your HD.
Of course, you could always cache pr0n videos to a ramdrive for uber-smooth playback.
What the hell am I gonna do with 2gigs? (Score:5, Funny)
Re:Close... (Score:3, Funny)
I've ggt a good idea!
Let's install the refinery in YOUR backyard, with no environmental regulations. 'k?