The ongoing investigation into price fixing in the market for dynamic random access memory (DRAM) has chalked up another victory, as Young Hwan Park, president of Samsung’s U.S. subsidiary pleads guilty to violations of the Sherman antitrust act for having conspired to fix prices and eliminate competition in the DRAM market.
To date, 18 individuals and four companies have been charges in the U.S. Department of Justice’s probe into the DRAM market. So far, more than $730 million in criminal fines have been assessed in the case, making it the second-largest price-fixing case in U.S. history.
