Micron Will Have to Pay Millions in Settlement
BOISE, Idaho (AP) — Attorney General Lawrence Wasden says Idaho and other states have obtained court approval of a $311 million settlement involving Boise-based Micron Technology and other computer chip makers. The court approval announced Tuesday means consumers can start filing claims to recoup the money they overpaid as a result of chip makers engaging in unlawful anti-competitive practices to inflate prices. The approval involves the settlement of a lawsuit Idaho and 34 other states brought against 12 makers of dynamic random-access memory, or DRAM. Samsung agreed to pay $113 million, with the next highest amount being Micron at $66.7 million. Micron settled in 2007. DRAM is a common form of memory chip used in computers, printers, digital music players and other products. A Micron spokesman on Wednesday said the company had no comment.