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Violation Tracker Individual Record

Company: Samsung Semiconductor Inc.
Current Parent Company: Samsung
Penalty: $90,000,000
Year: 2014
Date: June 27, 2014
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Samsung agreed to pay $90 million to indirect purchaser plaintiffs to settle its role in a price-fixing conspiracy involving dynamic random access chips. The settlement was also announced by state attorneys general (see separate entry).
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 4:02-md-01486
Case Name: In Re Dynamic Random Access Memory (DRAM) Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.