Samsung Nailed for Price Fixing

Samsung is out $300 million to federal regulators—the second largest criminal antitrust fine in history—stemming from an investigation that began in 2002. The chip-maker was caught conspiring via e-mail, telephone and face-to-face conversations discussing fixing the price of memory chips starting back in April of 1999.

The government said the victims of the alleged price-fixing were Dell Inc., Compaq Computer Corp., Hewlett-Packard Co., Apple Computer Inc., International Business Machines Corp., and Gateway Inc.

Samsung To Pay $300M for Price Fixing [CNBC]

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