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Memory crisis heads to court: Class-action lawsuit calls Samsung, SK Hynix, and Micron DRAM market 'oligopolists', alleging anticompetitive behavior

A class-action lawsuit has been filed against Samsung, SK Hynix, and Micron Technology, alleging anticompetitive behavior and price-fixing in the DRAM market since 2022. The suit claims these companies acted as 'oligopolists,' coordinating production cuts and price increases that have driven up conventional DRAM prices significantly. The lawsuit seeks damages and an injunction to end these alleged practices, with the companies yet to issue an official comment.

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