Crime Four Infineon execs heading to jail on price-fixing charges

Rapmaster

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Four Infineon executives will serve jail time after pleading guilty to being part of an "international conspiracy" to fix the price of computer memory, the US Department of Justice announced today.

The four Infineon staffers were charged with participating in meetings to discuss the price of DRAM memory in which they set certain prices for the products. In addition, the DoJ charged them with exchanging information on customer purchases. The DoJ found them in violation of the Sherman Antitrust Act.

 
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