Antitrust NewsWatch: Rambus prospects up on Samsung disclosure of $300 million Justice Department settlement | AP via MSN Money

Tuesday, November 29, 2005

Rambus prospects up on Samsung disclosure of $300 million Justice Department settlement | AP via MSN Money

In October, the Department of Justice announced Samsung agreed to pay a $300 million fine in the antitrust case, but details of the plea remained under wraps. Court documents made public in recent days show Samsung has agreed to plead guilty to conspiring to artificially fix prices of DRAM between April 1, 1999 to June 15, 2002. The plea agreement is likely to boost the prospects of Rambus in its patent infringement and price fixing litigation with Samsung.
MSN Money - AP Business News: Rambus Shares Jump on Samsung Disclosure