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@dallo@pouet.chapril.org

Post #3480835

2026-06-29 22:41 UTC

Capitalism is a scam. A New Lawsuit Claims the Memory Crisis Was Manufactured on Purpose > Samsung, SK Hynix, and Micron, which together control about 89% of the global DRAM market, are facing a class action lawsuit accusing them of coordinating production cuts and exiting older memory standards to artificially drive up prices during the ongoing memory crisis. https://www.androidheadlines.com/2026/06/a-new-lawsuit-claims-the-memory-crisis-was-manufactured-on-purpose.html #dram #technology #ram #gaming #buildAPC #computer #memoryShortage

Replies (16)

  • @Npars01@mstdn.social 2026-06-30 02:02

    @dallo@pouet.chapril.org The question to ask is "Which corrupt billionaires put these corporations up to it?" Price fixing cartels don't just appear out of thin air. https://fortune.com/2026/06/28/apple-mac-price-hikes-memory-chip-shortage-ai-ram-ageddon/ They've tried before to get lock in https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal https://www.forbes.com/sites/timbajarin/2026/06/23/ais-hidden-cost-the-global-memory-shortage-threat-to-affordable-tech/ David Tepper of Appaloosa Management? https://www.theglobeandmail.com/investing/markets/markets-news/motley/2101341/a-billionaire-investor-just-increased-his-exposure-to-memory-makers-sandisk-and-micron-should-investors-buy-the-stocks/ https://www.tomshardware.com/tech-industry/samsung-sk-hynix-and-micron-sued-over-alleged-dram-price-fixing-amid-record-memory-costs Chris Hohn & #PrinceBonesaw ordered Google's #enshittification, who ordered the monopsany & monopoly? https://www.theguardian.com/technology/2022/nov/15/major-investor-calls-on-google-owner-to-aggressively-cut-staff-and-pay https://www.bloomberg.com/news/articles/2018-04-06/google-thiel-stand-out-in-saudi-prince-s-silicon-valley-tour

    Open ##3483278

  • @dallo@pouet.chapril.org I mean, it's absolutely price fixing, no doubt about it. Anyone making hardware has come up against the same thing: everyone is quoting the same outrageous prices.

    Open ##3497648

  • @Sea1Am@mastodon.social 2026-06-30 00:31

    @dallo@pouet.chapril.org You get the guillotine, I'll bring some buckets.

    Open ##3497649

  • @dallo@pouet.chapril.org @ariadne@social.treehouse.systems Result: a law firm gets $3.3B, companies admit no wrongdoing, we get a coupon for $2 off four sticks of ram ($0.50 each).

    Open ##3497650

  • @sauc3@hachyderm.io 2026-06-30 00:32

    @dallo@pouet.chapril.org ShockedFry.gif

    Open ##3497653

  • @Netzblockierer@tech.lgbt 2026-06-30 00:39

    @dallo@pouet.chapril.org OFC this was coordinated. This is the 4th time in my lifetime this shit happened! Also OpenAI scalping 40% of all global production should be illegal as well, and I hope that CXMT & YMTC will flood the market with cheap RAM to the point that "the Big 3" go bankrupt from their greed!If @EUCommission@ec.social-network.europa.eu wasn't run by Tech-Illiterate Lobbyism Fangirl Zensursula, there would've been a "RAM Price Cap" long ago! Meanwhile Industrial & Embedded Systems & SoC's get redesigned to use DDR2 because the Tripol artifically reduces supply of (LP)DDR3, (LP)DDR4 & (LP)DDR5! #Sarcasm #Commentary #DRAM #Cartel #RAM #SKhynix #Samsung #Micron #CXMT #YMTC #RamCartel #MemoryCartel #Flash #NAND #FlashCartel #DDR5 #DDR4 #DDR3 #HBM #Zensursula #TechIlliterate #EU #EUcomission #RamPrice #RamPriceCap #Greedflation #Greed #PriceCap #FlashPriceCap #FlashPrice #RamPrice #Embedded #DDR2

    Open ##3497654

  • @dallo@pouet.chapril.org A New Lawsuit Claims the Memory Crisis Was Manufactured on Purpose It literally was. It literally is just a combination of a scam and then collusion when the memory companies saw what the market was doing and that they could get away with it. I hope the lawsuit wins because they've done a darned good job of screwing everyone. And super-kudos to those who brought it against them. I was afraid no one would.

    Open ##3497655

  • @fwfy@fedi.pregnant.horse 2026-06-30 01:51

    @dallo@pouet.chapril.org noo... this can't be possible.... not *my* multi billion dollar companies..... (/s)

    Open ##3497656

  • @dallo@pouet.chapril.org didn't these guys get busted on price fixing just a few years ago?

    Open ##3497657

  • @febog@hachyderm.io 2026-06-30 02:09

    @dallo@pouet.chapril.org not surprised

    Open ##3497660

  • @drewph@ieji.de 2026-06-30 02:21

    @dallo@pouet.chapril.org If the outcome was 20+ year jail sentences for those involved I might be interested. Otherwise *yawn*

    Open ##3497661

  • @dallo@pouet.chapril.org memory cartel previously found to be a memory cartel is still a memory cartel.

    Open ##3497663

  • @EvolLove@noauthority.social 2026-06-30 04:00

    @dallo@pouet.chapril.org Yet another subject that Hitler covered in detail. Heil Hitler! \o

    Open ##3497664

  • @dallo@pouet.chapril.org Computers only exist because of capitalism...

    Open ##3497665

  • @ciaranmak@mastodon.ie 2026-06-30 06:51

    @dallo@pouet.chapril.org the destruction of personal computing in favour of cloud surveillance. Do hard drive manufacturers next!

    Open ##3497666

  • @dallo@pouet.chapril.org free market means they are also free to not compete with each other, which means there are very high possibilities of them just price fixing everything free market is bullshit, uncontrollable greed at the highest level of commerce right here is the proof of that

    Open ##3586281