As reported in the Wall Street Journal, memory chip manufacturer Rambus has lost its antitrust case against competitors Micron Technology Inc. and Hynix Semiconductor Inc.
Rambus had sought $4 billion in direct damages for the harm it allegedly suffered in the case, an amount that can be instantly tripled under California law. It also asked for punitive damages.
Rambus, a Silicon Valley designer of technology used in memory chips, accused Micron and Hynix of violating antitrust laws by conspiring to prevent Rambus technology from gaining traction in the market and fixing the price of memory chips.
Stephan is an attorney and libertarian writer in Houston, Director of the Center for the Study of Innovative Freedom (C4SIF), and the founder and editor of Libertarian Papers. His most recent book is Property, Freedom, and Society: Essays in Honor of Hans-Hermann Hoppe (co-editor, with Jörg Guido Hülsmann; Mises Institute, 2009).
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