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The Guardian - UK
The Guardian - UK
Technology
Bobbie Johnson, technology correspondent

Samsung suit to serve eight months

A bit of a blast from the past, but another suit at Samsung has got in trouble over a long investigation into price fixing.

Thomas Quinn made a plea bargain with prosecutors which will see him serve eight months in jail over accusations that the Korean firm was working to fix the prices of DRAM chips. The Register has more:



"Prison time for price-fixers remains the most potent deterrent to illegal cartel activity," said Thomas Barnett, assistant attorney general in charge of the DoJ's anti-trust division. "Today's action sends a clear message - those who engage in price-fixing schemes will be held accountable for their illegal conduct."

Quinn is the fourth Samsung executive to plead guilty in the case. He is the thirteenth person to be found guilty in the probe, which has gathered $731m in fines. Samsung pleaded guilty and paid a $300m criminal fine in 2005.



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