Danny Burste>> " Attorney General Eliot Spitzer today filed a federal lawsuit
>> charging leading manufacturers of computer memory chips with
>> price-fixing.
>> " New York's lawsuit charges that beginning in approximately 1998, the
>> chip manufacturers made a secret agreement to raise the prices of
>> their memory chips, known in the industry as 'dynamic random access
>> memory chips' or 'DRAM.' DRAM chips are used to hold data and
>> temporary instructions available for quick access while the computer
>> or other digital product is in use. Many of the chips are sold to
>> computer manufacturers, known in the industry as original equipment
>> manufacturers or 'OEMs,' for use in computers and other products...
>> rest:
>>
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> Couldn't be that the heads of these billion dollar companies all quit
> acting stupid and decided to make a profit on less sales than try an
> continually grow market share while loosing money.
> Noooo. Spitzer is too smart to go after an industry loosing money and
> tell them it's illegal to raise prices.
> Open non-monopolistic markets do always mean lower prices.
Argh.
Open non-monopolistic markets do NOT always mean lower prices. ^^^