Anyone who purchased an electronic device between 1998 and 2002 that uses DRAM, a memory chip, is eligible to recover money after a federal court’s preliminary approval of multistate antitrust settlements totaling $310 million.
“Connecticut consumers, along with consumers nationwide, deserve the benefits and price advantages of a free and open marketplace when shopping for computers and other electronic devices,” said Attorney General Jepsen. “When companies conspire together to fix prices for a product, they illegally eliminate competition and harm consumers.”
Connecticut, which completed its investigation in 2006, was among several states that settled price-fixing allegations against major DRAM producers Samsung Electronics Co. Ltd. and Winbond Electronics Co.
Other settlements with DRAM manufacturers have been initially approved by a federal district court in San Francisco.
For more information about the settlements, visit www.DRAMclaims.com or call 1-800-589-1425.