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Micron Slides. Are Memory-Chip Makers Illegally Price-Gouging Customers?
Micron Technology (MU) stock fell Monday on news of a federal civil antitrust lawsuit accusing it and two other memory-chip makers of price-fixing. The class-action lawsuit filed Thursday in the U.S. District Court for the Northern District of California accuses Micron, Samsung Electronics and SK Hynix of colluding to raise prices on dynamic random-access memory (DRAM) chips. The plaintiffs include…
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