DOJ Has Sony In Its Crosshairs In SRAM Probe

Law360 (October 31, 2006, 12:00 AM EST) -- The Antitrust Division of the U.S. Department of Justice has served Sony Corp.’s American subsidiary with a subpoenaed regarding its static random access memory (SRAM) business.

“Sony intends to cooperate fully with the DOJ in what appears to be an industry-wide inquiry,” the company said in a brief statement Tuesday about Sony Electronics Inc.

The probe comes at a bad time for the electronics behemoth. Last week, the corporation announced that its profits had decreased by more than 90% in the quarter ending in September. The...
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