Samsung Electronics, SK Hynix and Micron Technology, Inc. (MU.US) are facing an antitrust lawsuit in the US. The three companies are accused of manipulating DRAM prices by deliberately reducing the supply of conventional DRAM under the pretext of expanding production of HBM, thereby driving up prices.

The plaintiffs include 14 US consumers and three small and medium-sized PC assembly and distribution companies. They alleged that the three companies have systematically restricted DRAM supply since 2022, giving rise to prices surging by about 700% over the past four years.

The plaintiffs contend that the defendants used inventory management as a justification to cut output, while in reality artificially creating shortages to raise prices.
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AASTOCKS Financial News
Website: www.aastocks.com

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