Anticompetitive Behaviour
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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.
SK Hynix, Samsung and Micron sued over allegations of "concerted anticompetitive behaviour" in DRAM market
Chip manufacturers SK Hynix, Samsung, and Micron are facing a class action lawsuit alleging concerted anticompetitive behavior in the DRAM market. Lawyers claim the companies coordinated to cut consumer DRAM supply and pivot to high-bandwidth memory for data centers, leading to significant price increases. This alleged behavior follows a history of DRAM price-fixing conspiracies between the same companies.