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Infineon pleads guilty to memory price-fixing

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Infineon pleads guilty to memory price-fixing

Infineon has agreed to pay a $160m fine to the US government for fixing the price of computer memory from 1999 to 2002, one of the biggest ever penalties imposed by the DoJ’s Antitrust division. The German firm today announced that it has pled guilty to one count of price-fixing – a violation of US antitrust laws. It plans to pay off the $160m total in equal installments through 2009, it said in conjunction with the US Department of Justice (DoJ).

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