Price fixing

Samsung Electronics of South Korea, the world’s largest maker of memory chips, has agreed to pay $90 million to settle civil charges that it conspired with six other makers of computer chips to fix prices, the attorneys general of 41 states announced. (…) The other companies involved included Infineon Technologies, Mosel Vitelic, Nanya Technology, Elpida Memory and NEC Electronics America.

Five of the companies have paid $310 million to settle separate actions brought by direct buyers, like small computer makers and repair shops. (IHT)