RAM manufacturers have been sued for allegedly fixing prices and supply, leading to increased costs
https://www.videogameschronicle.com/news/ram-manufacturers-have-been-sued-for-allegedly-fixing-prices-and-supply-leading-to-increased-costs/
301 points · 14 comments · view on lemmy.world
14 Comments
87Six@lemmy.zip · 47 pts · 58d
YES
DO IT AGAIN
DO IT LIKE 2002 AND BRING BACK MEMORIES SINCE I WAS 1 YEAR OLD WATCHING THEM GET SUED THE FIRST TIME
LodeMike@lemmy.today · 11 pts · 58d
You remember things from when you were 1?
mnemonicmonkeys@sh.itjust.works · 5 pts · 57d
Eh, I have flashes from that time. But remembering RAM companies getting regulated at that age does seem a bit much
vardogor@mander.xyz · 3 pts · 57d
maybe they're like Terrence Howard and have memories from inside the womb, too. after all, 1*1=2
thingsiplay@lemmy.ml · 7 pts · 57d
Yes, please, bring back read only memories; or
RAMROM for short.Trail@lemmy.world · 3 pts · 57d
It's random access, dude.
thingsiplay@lemmy.ml · 5 pts · 57d
I didn't actually mean RAM, but ROM!
UltraGiGaGigantic@lemmy.ml · 21 pts · 58d
Probably shouldnt let corporations declare they own all RAM produced for the next 3-5 years also.
who@feddit.org · 20 pts · 58d
US District Court - Northern District of California - filing:
https://cand.uscourts.gov/cases-e-filing/cases/326-cv-06345/garciaguirre-et-al-v-samsung-electronics-co-ltd-et-al
law360 screenshot in a reddit comment:
https://old.reddit.com/r/pcmasterrace/comments/1uhinjc/a_california_federal_lawsuit_was_allegedly_filed/ou88r58/
Another article:
https://kotaku.com/class-action-lawsuit-accuses-the-three-largest-ram-manufacturers-of-colluding-to-drive-up-prices-2000711373
RAM manufacturers have done this before:
https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal
orioler25@lemmy.ca · 8 pts · 58d
Does anyone have a non-paywalled source on the lawsuit and article that references it which is linked at the top of this article? This is an interesting development that also makes much more sense than what is typically accepted as an explanation as it alleges the price inflation resulted from capitalistic imperatives of profit maximization (prioritizing high-demand production) as an act of purposeful collusion, apparently with successful fines enforced by both the US and China in the past. Would be interesting to see the specifics of that, as I wonder how much the rapidly shifted legal landscape in the US has enabled this.
rumba@lemmy.zip · 6 pts · 58d
Not the law360, but there are others that are covering it https://wccftech.com/memory-trio-samsung-sk-hynix-micron-face-class-action-lawsuit/
search for this case number for more like it 3:26-cv-06345
FishFace@piefed.social · 2 pts · 58d
What's the typical explanation?
orioler25@lemmy.ca · 3 pts · 57d
That it is just the demand in itself and the stupidity or "greed" of AI and chip manufacturing companies, rather than the inevitable trajectory of a capitalist economy where infinite growth subordinates the real material limitations of production (which includes the limitations of computation in general). So, they produce the conditions where profit increases by cannabilizing the market, which is a different thing than them just being some particularly bad acting individuals.
Radical_Socialist_t00t@lemmy.ca · 4 pts · 57d
Good. They need a serious kick in the teeth.