Samsung Pays $90M To Settle DRAM Case

Law360, New York (February 6, 2007, 12:00 AM EST) -- South Korean electronics maker Samsung has agreed to pay $90 million to settle charges by U.S. state attorney generals that the company conspired with other chip makers to fix prices of Dynamic Random Access Memory (DRAM).

The settlement, with thirty-eight AGs, resolves all the allegations against Samsung, according to Illinois Attorney General Lisa Madigan. In agreeing to the settlement, Samsung did not admit to a violation of the law.

“Higher prices for the computer chips, which were the subject of this conspiracy, affect individuals, businesses and...
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