Infineon executives found guilty

By on December 3, 2004, 8:10 PM
Earlier this year, Infineon pled guilty to corporate price-fixing charges and agreed to pay a $160 million fine. Now four Infineon executives have agreed to plead guilty as they admitted participated in such conspiratons to plan DRAM price-fixing activities that affected several PC makers including Apple Computer, Compaq, Dell, Gateway, Hewlett-Packard, and IBM.

"Under the plea agreement, each of the four agreed to pay the $250,000 fine and to serve between four and six months in prison for violations of antitrust laws. They also agreed to cooperate in an ongoing investigation into chip price-fixing".

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