DRAM Antitrust Suit Against Hynix Dismissed For Now

Law360, New York (April 9, 2007, 12:00 AM EDT) -- Price-fixing claims by Sun Microsystems Inc. and Unisys Corp. against Hynix Semiconductor Inc. were dismissed on Thursday, after a federal judge ruled that the companies bringing the suit needed to submit more evidence.

The lawsuit, filed in September in the U.S. District Court for the Northern District of California, sought to recover damages the two companies claimed they had incurred as a result of “longstanding collusion” by DRAM suppliers.

In June 2002, the U.S. Department of Justice said that it had uncovered a longstanding conspiracy among...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.