Sunday, November 19, 2006

Another Plea in DRAM Cases

Another plea has been entered into in the DRAM manufacturing antitrust conspiracy cases. A DOJ press release reports here that "[a] former executive of Elpida Memory, a large Japanese manufacturer of a common computer component called dynamic random access memory (DRAM), has agreed to plead guilty, pay a $250,000 criminal fine, and serve prison time in the United States for participating in a global conspiracy to fix DRAM prices."  This brings the government tally to  "four companies and 17 individuals" being charged related to the DRAM cases.  The government press release notes that

"Samsung, the world’s largest DRAM manufacturer, pleaded guilty to the price-fixing conspiracy and was sentenced to pay a $300 million criminal fine in November 2005. Hynix, the world’s second-largest DRAM manufacturer, pleaded guilty and was sentenced to pay a $185 million criminal fine in May 2005. In January 2006, Elpida Memory agreed to plead guilty and pay an $84 million fine. In October 2004, German manufacturer Infineon pleaded guilty and was sentenced to pay a $160 million criminal fine."

For some background see here, here, and here.

(esp)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2006/11/another_plea_in.html

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