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More Semiconductor Execs Indicted for Price-Fixing

A U.S. grand jury indicts three former semiconductor vendor executives, two from Samsung Electronics and one from Hynix Semiconductor America. The three attended meetings in which the price of DRAM was discussed, agreed to fix prices. The maximum penalty for a Sherman Act violation occurring before June 22, 2004, is three years in prison and a US$350,000 fine. The investigation has resulted in US$731 million in fines, second-highest total obtained by the DoJ in a criminal antitrust investigation.”]

Source: https://www.csoonline.com/article/2121468/more-semiconductor-execs-indicted-for-price-fixing.html

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