Oracle Cries Foul, Slaps Micron with Lawsuit over Chip Pricing
Oracle Cries Foul, Slaps Micron with Lawsuit over Chip Pricing
Posted 09/28/2010 at 8:54am
| by Paul Lilly
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Oracle is accusing memory chip maker Micron of conspiring to fix prices, alleging it overcharged Sun for memory parts, Bloomberg reports.
In its complaint, Oracle said Micron and other DRAM makers "conspired to control production capacity, raise prices or slow their decline, allocate customers, and otherwise unlawfully overcharge their DRAM customers." The antitrust complaint was filed earlier this week in federal court in San Jose, California, and also names Hynix, Samsung, Eplida, and Infineon as co-conspirators.
Oracle's basing its complaint in part on a 2002 U.S. Justice Department investigation of memory chip price fixing, which ultimately resulted in four companies and 16 people being fined a total of around $731 million, Oracle claims.
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davidflory
September 28, 2010 at 12:07pm
I am not big on lawsuits, but this is one that I think will be beneficial for everyone. It is good to see that someone with big resources going after others instead of a class action or government. To top it off, it most likely will bring about lower DRAM prices.
Wareagle
September 28, 2010 at 11:56am
Another company with an outdated business model turns to litigation as its primary source of revenue.
someuid
September 28, 2010 at 11:42am
Does Oracle make and sell software anymore? All I ever hear from them is lawsuit, lawsuit, lawsuit.
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