Samsung price fixing
Samsung price fixing
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- tkmeister
South Korean electronics giant Samsung has agreed to plead guilty to involvement in price fixing in the US and to pay a $300m (£170m) fine.
http://news.bbc.co.uk/1/hi/busin…
does this mean puters will be cheaper now?
- fate_0
Computers? Samsung makes computers?
$300m is a drop in the bucket to them.
- tkmeister0
Victims, according to federal prosecutors, included Dell Inc., Compaq Computer Corp., Hewlett-Packard Co., Apple Computer Inc., International Business Machines Corp. and Gateway Inc.
Apple and Dell raised PC prices to compensate while others reduced the amount of memory installed on their systems to compensate.