#marketmanipulation — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #marketmanipulation, aggregated by home.social.
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"Samsung, SK Hynix, and Micron have been slapped with a class action lawsuit for price fixing and market manipulation of RAM. This is a big deal because these three companies together manufacture around 89% of the entire global DRAM market.
The suit says that “the DRAM oligopolists have simultaneously cut production, coordinated a pivot to HBM and exit from DDR3 and DDR4, and otherwise decreased and locked up conventional DRAM supply while prices charged up with mind-blowing scale and rapidity. Samsung, SK Hynix, and Micron continue to squeeze conventional DRAM supply, simultaneously and publicly directing their resources towards less profitable-per-die HBDM – or in some cases, simply junking conventional DRAM supply channels together.”
The suit also claims that the three companies are aware that competitors can’t enter the DRAM market because the cost and knowledge required are too steep for newcomers to overcome. And therefore, they make decisions based on the unofficial market protection they collectively enjoy."
#RAM #RAMMemory #MemoryCrisis #PriceFixing #MarketManipulation #Oligopolies
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"Samsung, SK Hynix, and Micron have been slapped with a class action lawsuit for price fixing and market manipulation of RAM. This is a big deal because these three companies together manufacture around 89% of the entire global DRAM market.
The suit says that “the DRAM oligopolists have simultaneously cut production, coordinated a pivot to HBM and exit from DDR3 and DDR4, and otherwise decreased and locked up conventional DRAM supply while prices charged up with mind-blowing scale and rapidity. Samsung, SK Hynix, and Micron continue to squeeze conventional DRAM supply, simultaneously and publicly directing their resources towards less profitable-per-die HBDM – or in some cases, simply junking conventional DRAM supply channels together.”
The suit also claims that the three companies are aware that competitors can’t enter the DRAM market because the cost and knowledge required are too steep for newcomers to overcome. And therefore, they make decisions based on the unofficial market protection they collectively enjoy."
#RAM #RAMMemory #MemoryCrisis #PriceFixing #MarketManipulation #Oligopolies
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"Samsung, SK Hynix, and Micron have been slapped with a class action lawsuit for price fixing and market manipulation of RAM. This is a big deal because these three companies together manufacture around 89% of the entire global DRAM market.
The suit says that “the DRAM oligopolists have simultaneously cut production, coordinated a pivot to HBM and exit from DDR3 and DDR4, and otherwise decreased and locked up conventional DRAM supply while prices charged up with mind-blowing scale and rapidity. Samsung, SK Hynix, and Micron continue to squeeze conventional DRAM supply, simultaneously and publicly directing their resources towards less profitable-per-die HBDM – or in some cases, simply junking conventional DRAM supply channels together.”
The suit also claims that the three companies are aware that competitors can’t enter the DRAM market because the cost and knowledge required are too steep for newcomers to overcome. And therefore, they make decisions based on the unofficial market protection they collectively enjoy."
#RAM #RAMMemory #MemoryCrisis #PriceFixing #MarketManipulation #Oligopolies
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"Samsung, SK Hynix, and Micron have been slapped with a class action lawsuit for price fixing and market manipulation of RAM. This is a big deal because these three companies together manufacture around 89% of the entire global DRAM market.
The suit says that “the DRAM oligopolists have simultaneously cut production, coordinated a pivot to HBM and exit from DDR3 and DDR4, and otherwise decreased and locked up conventional DRAM supply while prices charged up with mind-blowing scale and rapidity. Samsung, SK Hynix, and Micron continue to squeeze conventional DRAM supply, simultaneously and publicly directing their resources towards less profitable-per-die HBDM – or in some cases, simply junking conventional DRAM supply channels together.”
The suit also claims that the three companies are aware that competitors can’t enter the DRAM market because the cost and knowledge required are too steep for newcomers to overcome. And therefore, they make decisions based on the unofficial market protection they collectively enjoy."
#RAM #RAMMemory #MemoryCrisis #PriceFixing #MarketManipulation #Oligopolies
-
"Samsung, SK Hynix, and Micron have been slapped with a class action lawsuit for price fixing and market manipulation of RAM. This is a big deal because these three companies together manufacture around 89% of the entire global DRAM market.
The suit says that “the DRAM oligopolists have simultaneously cut production, coordinated a pivot to HBM and exit from DDR3 and DDR4, and otherwise decreased and locked up conventional DRAM supply while prices charged up with mind-blowing scale and rapidity. Samsung, SK Hynix, and Micron continue to squeeze conventional DRAM supply, simultaneously and publicly directing their resources towards less profitable-per-die HBDM – or in some cases, simply junking conventional DRAM supply channels together.”
The suit also claims that the three companies are aware that competitors can’t enter the DRAM market because the cost and knowledge required are too steep for newcomers to overcome. And therefore, they make decisions based on the unofficial market protection they collectively enjoy."
#RAM #RAMMemory #MemoryCrisis #PriceFixing #MarketManipulation #Oligopolies
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GameStop rally sends Roaring Kitty’s shares to $1B - If GameStop opens at its current after-hours price, Roaring Kitty’s hold... - https://cointelegraph.com/news/gamestop-rally-roaring-kitty-billionaire-status #marketmanipulation #billionairestatus #secinvestigation #roaringkitty #stocksurge #keithgill #gmeshares #gamestop
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Roaring Kitty’s $300M GME position sparks market manipulation claims - The allegations come weeks after Citron Research revealed its short posi... - https://cointelegraph.com/news/roaring-kitty-gme-manipulation-citron-research #marketmanipulation #citronresearch #financialnews #roaringkitty #shortsellers #gmeposition #stockmarket #investment #keithgill #gamestop