DRAM makers likely to get fined millions (if not billions) on antitrust fines in China

fantaskarsef

2018-06-21 17:12

The issue with such fines is that the ones "suffering", the customers, see not a single $/€/Yuan from that. Governments earn more by sales taxes, and then fine the companies for less money than they actually squeezed out of it by their sales to customers. So a portion of the increased revenue lands with the companies, the other portion goes to governments. Nothing for the customer.

#5559348

Silva

2018-06-21 17:33

What's a "small" fine if the profit is bigger? Plus, if the price stays the same we still have a problem. Just fine them ALL the excess profit of give them the option to build more supper fabs with the money.

#5559352

schmidtbag

2018-06-21 17:39

Pimpiklem:

This kind of behaviour will allays continue because the punishment never gets anywhere close to the profit made so expect to see it again. Imprison the perps and take away their personal wealth if you want to stop this from happening again. Pushing out a fine on the company itself wont do a thing.

For the most part I agree, but if nothing stops the companies from getting repeatedly sued, they will drop their prices. Once a precedent has been set, that makes for future lawsuit opportunities much easier. It all comes down to how they approach this.

#5559367

fry178

2018-06-21 18:29

George Carlin made a good example of how to stop certain things like drug money being accepted by banks. Once you start punishing the top management of that business in a "running man" styled streaming event once a week (life sentences without any release whatsoever ), it will stop pretty quickly. Make it a pay per view, sponsored by budweiser and nascar.. :D

#5559376

ruthan

2018-06-21 18:54

Such fine is better than nothing, but main problem is that 90% of market is own by 3 big companies and those companies are usually lead by band of sociopaths..

#5559405

Robbo9999

2018-06-21 20:27

ruthan:

Such fine is better than nothing, but main problem is that 90% of market is own by 3 big companies and those companies are usually lead by band of sociopaths..

I think I read somewhere that a large proportion of CEO's would be psychopaths if you tested them! It's therefore not surprising that companies sometimes go down the route of the shady operations!

#5559408

schmidtbag

2018-06-21 20:36

Robbo9999:

I think I read somewhere that a large proportion of CEO's would be psychopaths if you tested them! It's therefore not surprising that companies sometimes go down the route of the shady operations!

Yes, I've heard about this too. It's not really a surprise - in order to make a business successful, sometimes you have to throw others under the bus, and take the offensive against potential competition. Empathetic people have a hard time doing something that will hurt others, and also don't like to attack something unprovoked.

#5559409

Robbo9999

2018-06-21 20:38

schmidtbag:

Yes, I've heard about this too. It's not really a surprise - in order to make a business successful, sometimes you have to throw others under the bus, and take the offensive against potential competition. Empathetic people have a hard time doing something that will hurt others, and also don't like to attack something unprovoked.

Yep, and that's why we need regs & punishments to keep a lid on these folks!

#5559479

Seikon

2018-06-22 00:01

Implying they will give a F if they get fined even 20bilions $$ , as long as the profit > fine , they will laugh they asses off about the fine.

#5559495

X7007

2018-06-22 01:10

Why money is never enough for those morons ! why they want more and more !Q

#5559502

Neo Cyrus

2018-06-22 01:54

When companies do shit like this they know they will get fined, it's all a part of their profit calculations. They'd have to be fined an insane amount for it to just break even, which as far as I know has never happened.

#5559512

ruthan

2018-06-22 03:17

X7007:

Why money is never enough for those morons ! why they want more and more !Q

Because they are only rated by how big money gain for company owner / shareholders is.. and there not really other metrics.. yes bad PR could cripple company, but in world even selling calculation machines to speed up Jews extermination didnt kill HW company (famous Hitlers Germany IBMs deal) , they are ok with lots of dirty things. There were and are much worse money deals which are killing people- wars, blood diamonds, stupid war on drugs, import taxes nad other free market contrains, children sex market in some Asia countries, all exist because for someone are money on 1st place and dont have any empathy ... In some small village society you would just get rid off 1 guy which is toxic for community, but in big globalized world is not so clear and easy..

#5559561

Neo Cyrus

2018-06-22 09:47

sverek:

Better return those money to customers who payed double the price.

Double the price? Whoa, where'd they get such good deals? Most the RAM pairs I've seen for sale have been closer to triple the prices I remember from 2016.

#5559606

KissSh0t

2018-06-22 13:15

I payed $62 for my ram "G.Skill Ripjaws X F3 8GB", now to get something similar "and with wayyyyyyy worse timings", the lowest I can find is $115.. lol..

#5559611

pimpineasy

2018-06-22 13:36

these guys still wanna sell y2k phones with 512mb so they reach max capacity crash and swap constantly lmao; what's more, 2018 8gb still a high price standard on pc & laptops when windows 10 will swap constantly sub 16gb and x64 wants 16gb

#5559829

jaggerwild

2018-06-23 09:37

This is not good a s I work making supplies for the Foundries, Business has been very busy.