Samsung, Hynix, and Micron accused of “a classic antitrust, price-fixing scheme”

Samsung, Hynix, and Micron are being accused of price-fixing in a lawsuit currently chasing class action status in the US. The allegations surround the companies colluding to actively limit the global supply of memory and drive up prices and revenue.

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The proposed class action has been filed on behalf of US smartphone and PC users who bought hardware between 2016 and 2017, and suggests that Samsung, Hynix, and Micron have worked together to cut supply and subsequently force consumers to pay higher and higher prices for their memory technology. The three companies cover 96% of the total memory market share and therefore their actions have a massive impact on the global supply of DRAM.

from
https://www.pcgamesn.com/samsung-class-action-lawsuit-dram