DRAM manufacturers settle in price fixing class action suite

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in hardware on (#2XG)
Manufacturers of DRAM modules reached a $310 million settlement for working together to fix prices. If you bought DRAM between 1998 and 2002, including any electronic device or computer containing DRAM, you may be eligible for a rebate. The minimum rebate is $10 while larger purchasers can receive up to $1000. The class action suite applies to the U.S. only, and the deadline to submit a claim is August 1, 2014.

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2014-04-04 05:17
DRAM Manufacturers Settle in Price Fixing Class Action Suit
songofthepogo@pipedot.org
Manufacturers of DRAM modules reached a $310 million settlement for working together to fix prices. If you bought DRAM between 1998 and 2002, including any electronic device or computer containing DRAM, you may be eligible for a rebate . The minimum rebate is $10, while larger purchasers can receive up to $1000. The class action suite applies to the U.S. only, and the deadline to submit a claim is August 1, 2014.
Reply 1 comments

Oh, how wonderful.... (Score: 1)

by pslytelypsycho@pipedot.org on 2014-04-04 02:32 (#Z6)

I don't have any of the computers from that era. Nor proof of purchase(ten years from now I could probably use my Newegg account...did they even exist 12 years ago?)
The companies must know that few people keep records beyond 10 years. This is all symbolic, will help no one (exception possibly a few receipt hoarders and businesses).

I still have ONE computer from that era....well, the CASE anyway. everything else has been replaced multiple times. And it's sitting in the closet for at least the last 5 years since I built a new one.

Instead they ought to be forced to drop prices for 12 years. Else wise this move is meaningless to the vast majority.