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Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

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Re: Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

#11

Post by Cthulhu_ »

WarmWash wrote: post #8

Just a reminder that anyone can file a lawsuit over anything, and the initial complaint is written by lawyers and reads with tabloid levels of sensationalism and allegation. The goal being to maximize the appearance of harm as much as possible so the suit has the greatest chance of sticking. It is not in any way, shape, or form a ruling much less even a piece of well researched work. It's "my side of the story that m…

Honestly a lot of lawsuits feel like they just want the other party to pay them (settle) to make the lawsuit go away, even if there is no case; what are the repercussions for a frivolous lawsuit?

Re: Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

#12

Post by Cthulhu_ »

0xy wrote: post #3

I think it's incredibly unlikely to be deliberate price fixing this time. Demand is too high.

Two things can be true; they could theoretically make agreements to limit supply, like the OPEC does to exert control over international oil prices. But the OPEC is all above board and there's plenty of international competition on the oil market.

But the challenge is in proving it.

Re: Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

#14

Post by SoftTalker »

WarmWash wrote: post #8

Just a reminder that anyone can file a lawsuit over anything, and the initial complaint is written by lawyers and reads with tabloid levels of sensationalism and allegation. The goal being to maximize the appearance of harm as much as possible so the suit has the greatest chance of sticking. It is not in any way, shape, or form a ruling much less even a piece of well researched work. It's "my side of the story that m…

In reality a lawsuit needs to have some basis. The bar might be low but judges frown on having their time wasted with a truly frivolous claim or a claim with no clear damages or harm shown.

Re: Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

#15

Post by varispeed »

Price fixing is legal as long as your are doing it in the open. In the UK it is called "price match" and eg. if supermarket says they keep prices matched to their competitor. No regulator raises an eyebrow.

So here Samsung and SK Hynix could say they price match to Micron and they are in the clear.

Re: Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

#16

Post by gruez »

glimshe wrote: post #6

Everybody in our industry loves fat margins. But god forbid if someone else captures the margins and squeeze them out of easy profits.

>But god forbid if someone else captures the margins and squeeze them out of easy profits.

Yeah that's how law works. Everyone likes money, but that doesn't mean it's fine to steal money. Yes, even from maligned entities like "big tech" or "private equity"

Re: Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

#17

Post by mDyJzDPmBdG »

0xy wrote: post #3

I think it's incredibly unlikely to be deliberate price fixing this time. Demand is too high.

There is no reason for there not to be a price fixing. But the OpenAI's announcement from 2025-10-01 about buying 40% of supply, removes any need for collusion. It was a public signal for everyone to rise prices, one that each company could figure on their own. And it will be very hard to prove otherwise.

Re: Samsung, SK Hynix, Micron Sued in US over Memory Price Fixing

#20

Post by vablings »

varispeed wrote: post #15

Price fixing is legal as long as your are doing it in the open. In the UK it is called "price match" and eg. if supermarket says they keep prices matched to their competitor. No regulator raises an eyebrow. So here Samsung and SK Hynix could say they price match to Micron and they are in the clear.

That is not what price fixing actually is. In the UK "price matching" is a one-to-many relationship meaning that the price of goods is set to the "lowest available"

Price fixing is a many-to-one all the manufactures agree to the highest prices they all agree on and set it there.

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