Toshiba and SanDisk Subpoenaed for Price Fixing

Last month, SanDisk, Toshiba's US partner, was sued in the U.S. District Court, California, along with 23 other companies (hey, if you're going to price fix, you need partners in crime).... With the world going crazy for NAND flash, which is used in pretty much anything portable, from iPods to digital cameras, it's easy to see why suppliers might want to halt the price-lowering principals of the free market, but if these anti-trust allegations prove to be true, expect a big bust and potentially huge fines which could send the already volatile pricing of RAM into a spin.

SandiskToshiba and SanDisk have been called out on alleged price fixing in the NAND flash memory market. Last month, SanDisk, Toshiba's US partner, was sued in the U.S. District Court, California, along with 23 other companies (hey, if you're going to price fix, you need partners in crime). Along with the subpoenas served to the two companies, SanDisk CEO Eli Harari has been called on individually. The Canadians are taking a look too: The Canadian Competition Bureau has also sent notice to SanDisk.

With the world going crazy for NAND flash, which is used in pretty much anything portable, from iPods to digital cameras, it's easy to see why suppliers might want to halt the price-lowering principals of the free market, but if these anti-trust allegations prove to be true, expect a big bust and potentially huge fines which could send the already volatile pricing of RAM into a spin.

SanDisk subpoenaed over U.S. antitrust issues [Reuters]

Toshiba says subpoenaed over flash memory [Reuters]