Ethan Tan, a memory industry consultant and former Samsung China executive, told Jefferies Equity Research analysts during a recent briefing that he expects memory prices to rise...
They were grouping together to all raise prices at once. If everyone who sold food suddenly raised their costs together, would it be fair? There’d be consumers to buy it. Basic economics!
Just because people would pay more for something, doesn’t mean they should have to
They very much can when they’ve been proven to collude to keep prices up.
If any one of them started making more RAM, they’d make a lot more profit than the other two. If all 3 did, they’d all still make a bunch of profit, but not as much as right now. They have an agreement that nobody ramps up RAM production so everyone gets to keep super high margins.
In the past they’ve literally agreed upon a target price to keep…
They’ve done it in the past, it was investigated, they got fined, look it up. Same people leading the same companies, why would they not do it again? Pay a fine of a few hundred mill again to make billions? No-brainer.
See also: https://en.wikipedia.org/wiki/Phoebus_cartel
See also: https://en.wikipedia.org/wiki/DRAM_price_fixing_scandal
Well… https://www.youtube.com/watch?v=zb7Bs98KmnY
deleted by creator
They were grouping together to all raise prices at once. If everyone who sold food suddenly raised their costs together, would it be fair? There’d be consumers to buy it. Basic economics!
Just because people would pay more for something, doesn’t mean they should have to
deleted by creator
The problem lies in 3 companies owning a monopoly on dram production and all conspiring together to make things shit for everyone who isn’t them
deleted by creator
3 companies can’t all have a monopoly on the same thing lol
If they’re running a price-fixing scheme they sure can
They very much can when they’ve been proven to collude to keep prices up.
If any one of them started making more RAM, they’d make a lot more profit than the other two. If all 3 did, they’d all still make a bunch of profit, but not as much as right now. They have an agreement that nobody ramps up RAM production so everyone gets to keep super high margins.
In the past they’ve literally agreed upon a target price to keep…
You’re alleging that they’re doing this. Zero proof.
3 companies can’t have a monopoly. It’s literally in the definition of the word monopoly.
They’ve done it in the past, it was investigated, they got fined, look it up. Same people leading the same companies, why would they not do it again? Pay a fine of a few hundred mill again to make billions? No-brainer.