The lawsuit is small in scale so far, but if the court accepts the plaintiffs’ claims and formally approves it as a class action, it could expand. Bathaee Dunne, the antitrust law firm representing the plaintiffs, is aiming for a class action representing all general consumers and businesses that purchased products containing D-RAM. The firm previously won a case alleging collusion in Google’s digital advertising. If the plaintiffs ultimately prevail in the class action, the defendant companies would have to pay triple the damages.
The fact that Samsung Electronics and SK hynix have previously been found guilty of collusion in the United States is also a concern. Both companies were found to have engaged in price fixing in the US in the early 2000s, resulting in large fines as well as prison sentences for executives. However, industry players including investment bank Jefferies forecast that the lawsuit will not affect memory prices at least until the end of this year.
Watch them say “well we just won’t sell to the US anymore”
Don’t think you grasp which side has the actual leverage here…
The US market is the one that has driven the truckloads of money that have resulted in the memory vendor stock increasing over 10-fold.
Even a pretty severe compromise or fine is totally worth it to keep the money hose going.
That’s where most of the AI data centers are
Exactly, that’s why it’s the ultimate threat…
You think they’d destroy their own companies as a threat?
No no , thats just standard operation. As long as the “owner” and shareholders ends up with more money than they started they do not give a fuck.
They would not end up with more money, they’d lose a whole heck of a lot just to make a point
Yeah but to their own bottom lines
In the short term…but the US would fold pretty quickly…
Micron is American, I think they’d be in trouble