Samsung, SK Hynix, and Micron
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I'm shocked. Shocked I say.
Well, not that shocked.
Can you really call it a bombshell when they're doing it out in the open? And everybody can see they are doing it? And they are in no way trying to hide it or justify their actions?
The lawsuit is the bombshell I guess?
Also it wasn't obvious to me that RAM manufacturers were artificially inflating prices. It's plausible to me that the stupid AI bubble is actually consuming that much of the supply.
I am in Japan where they have just discovered a cartel of ice cream manufacturers pushing up prices. Supply and demand. This is capitalism, baby!
This is a lawsuit, right? It'll go through a few judges' hands on appeals and what not and by the time the companies get their slap on the wrist in 2-5 years they will have made so much money it doesn't matter.
Supply and demand. This is capitalism, baby!
This but unironically.
Cartels are illegal for a reason though so interesting to see if the RAM situation has been a cartel.
Of what I've read about Japan, a cartel being considered something bad in the society is an improvement.
Can you elaborate? As someone living in Japan for over 15 years, I'm not sure what you mean? Are you implying we welcomed cartels in the past?
Disgusting!