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inclementimmigrant@lemmy.world to PC Gaming@lemmy.caEnglish · 2 days ago

RAM manufacturers have been sued for allegedly fixing prices and supply, leading to increased costs

www.videogameschronicle.com

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  • cross-posted to:
  • games@lemmit.online
  • technology@lemmit.online
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RAM manufacturers have been sued for allegedly fixing prices and supply, leading to increased costs

www.videogameschronicle.com

inclementimmigrant@lemmy.world to PC Gaming@lemmy.caEnglish · 2 days ago
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14
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  • cross-posted to:
  • games@lemmit.online
  • technology@lemmit.online
RAM manufacturers have been sued for allegedly fixing prices and supply, leading to increased costs | VGC
www.videogameschronicle.com
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The class action lawsuit claims Samsung, SK Hynix and Micron have been squeezing supply…
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  • Radical_Socialist_t00t@lemmy.ca
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    20 hours ago

    Good. They need a serious kick in the teeth.

  • 87Six@lemmy.zip
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    2 days ago

    YES

    DO IT AGAIN

    DO IT LIKE 2002 AND BRING BACK MEMORIES SINCE I WAS 1 YEAR OLD WATCHING THEM GET SUED THE FIRST TIME

    • thingsiplay@lemmy.ml
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      1 day ago

      BRING BACK MEMORIES

      Yes, please, bring back read only memories; or RAM for short.

      • Trail@lemmy.world
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        1 day ago

        It’s random access, dude.

        • thingsiplay@lemmy.ml
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          1 day ago

          I didn’t actually mean RAM, but ROM!

    • Kairos@lemmy.today
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      1 day ago

      You remember things from when you were 1?

      • mnemonicmonkeys@sh.itjust.works
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        1 day ago

        Eh, I have flashes from that time. But remembering RAM companies getting regulated at that age does seem a bit much

      • Vardøgor@mander.xyz
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        1 day ago

        maybe they’re like Terrence Howard and have memories from inside the womb, too. after all, 1*1=2

  • UltraGiGaGigantic@lemmy.ml
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    1 day ago

    Probably shouldnt let corporations declare they own all RAM produced for the next 3-5 years also.

  • who@feddit.org
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    2 days ago

    US District Court - Northern District of California - filing:
    https://cand.uscourts.gov/cases-e-filing/cases/326-cv-06345/garciaguirre-et-al-v-samsung-electronics-co-ltd-et-al

    law360 screenshot in a reddit comment:
    https://old.reddit.com/r/pcmasterrace/comments/1uhinjc/a_california_federal_lawsuit_was_allegedly_filed/ou88r58/

    Another article:
    https://kotaku.com/class-action-lawsuit-accuses-the-three-largest-ram-manufacturers-of-colluding-to-drive-up-prices-2000711373

    RAM manufacturers have done this before:
    https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal

  • orioler25@lemmy.ca
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    2 days ago

    Does anyone have a non-paywalled source on the lawsuit and article that references it which is linked at the top of this article? This is an interesting development that also makes much more sense than what is typically accepted as an explanation as it alleges the price inflation resulted from capitalistic imperatives of profit maximization (prioritizing high-demand production) as an act of purposeful collusion, apparently with successful fines enforced by both the US and China in the past. Would be interesting to see the specifics of that, as I wonder how much the rapidly shifted legal landscape in the US has enabled this.

    • rumba@lemmy.zip
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      2 days ago

      Not the law360, but there are others that are covering it https://wccftech.com/memory-trio-samsung-sk-hynix-micron-face-class-action-lawsuit/

      search for this case number for more like it 3:26-cv-06345

    • FishFace@piefed.social
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      1 day ago

      What’s the typical explanation?

      • orioler25@lemmy.ca
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        16 hours ago

        That it is just the demand in itself and the stupidity or “greed” of AI and chip manufacturing companies, rather than the inevitable trajectory of a capitalist economy where infinite growth subordinates the real material limitations of production (which includes the limitations of computation in general). So, they produce the conditions where profit increases by cannabilizing the market, which is a different thing than them just being some particularly bad acting individuals.

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