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Skip Navigation LinksHome :: Antitrust enforcement: Price-fixing costly for chipmakers

November 2005

Antitrust enforcement: Price-fixing costly for chipmakers

by Denise Bedell

Brokerage firm Refco steals the headlines but Samsung faces major fine. South Korean electronics conglomerate Samsung has pleaded guilty to price-fixing in a far-reaching probe by the US Department of Justice and has been handed down the second-largest criminal fine ever


South Korean electronics conglomerate Samsung has pleaded guilty to price-fixing in a far-reaching probe by the US Department of Justice and has been handed down the second-largest criminal fine ever, after the $500 million Hoffman La Roche paid for vitamin-related price-fixing in 1999. Samsung will pay $300 million to settle the case, in which it was charged with conspiring to fix prices on DRAM chips. ...


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