( September 22, 2026, 22:31 GMT | Official Statement) -- MLex Summary: Plaintiffs opposed Samsung Electronics, SK Hynix and Micron Technologies’ motion to dismiss US price-fixing claims accusing the companies of conspiring to fix the supply and prices for dynamic random access memory (DRAM), saying their complaint plausibly alleges an agreement between the companies. “Here the smaller firms cut first, and the market leader—reversing years of practice—announced its own cuts two months later. Here, the profit sacrifice from not expanding into runaway DRAM prices runs to the hundreds of millions (perhaps billions) of dollars per year. And here, the firms’ coordinated supply restraints shuttered businesses and retired product lines that cannot be restored, and they have held for three-plus years, through a 697 percent price increase, without a single defection,” they said. See attached file. ...
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