Computer chip makers get their knuckles rapped for hiking the price of chips to rip the public off.<\/p>\n
In what could be one of the largest antitrust settlements in the nation at $173 million, Colorado and 32 other states banded together and sued several makers of dynamic random access memory computer chips for scheming to jack up prices of their product \u2013 a distinct disadvantage for government agencies, businesses and individual consumers. Artificially raising their prices brought the whole house of cards down on them.<\/p>\n
“This case is a good example of how many states can and will cooperate in an unfair business practice case. Here, even though the case was filed in California, Colorado became involved and ultimately, secured a settlement on behalf of the state. It goes to show how small a world we live in,\u201d said Miller Leonard, a Denver, Colorado, federal criminal defense lawyer and Denver state (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Computer chip makers get their knuckles rapped for hiking the price of chips to rip the public off. In what could be one of the largest antitrust settlements in the nation at $173 million, Colorado and 32 other states banded…<\/span><\/p>\n