Consumers are getting tired of the price increases and lack of availability of computer components like RAM and storage, and they’re trying to do something about it.
A new class action lawsuit filed in the Northern District of California in the United States is taking aim at Samsung, Micron, and SK Hynix. This lawsuit, which was filed on June 25 in California, accuses the companies of collusion and price-fixing, specifically when it comes to RAM.
A Coordinated Effort Against Consumers
According to the lawsuit, which was first filed on June 25 and reported on by Law360, it’s claimed that Micron, SK Hynix, and Samsung coordinated on a reduction in RAM supply to focus on high-bandwidth memory (HBM). HBM is the type of memory often used for data centers and AI.
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The suit alleges that the companies intentionally cut back on DDR3 and DDR4 RAM, which had become the most affordable consumer RAM over the years as DDR5 came to market, leading to prices going up roughly 700% in recent years. The suit also claims that the three companies control most of the global DRAM market, leading to potential competitors being unable to increase their output to drive down consumer prices.
Do you think anything will come of this lawsuit against Micron, SK Hynix, and Samsung? Leave your thoughts in the comments below, or join the discussion in the official Insider Gaming Discord.
In other news, read about UFL developer Strikerz laying off over half of the company. And for even more Insider Gaming delivered directly to your inbox, sign up for our newsletter.
Mike has been covering the gaming industry since 2012, and has reported on some of the largest events in the industry while also working as an investigative reporter. Outside of…
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