techPowerUp! News :: ATI (AMD) and NVIDIA Fix Prices in the US, Class Action Slapped Against them
Class actions charged against NVIDIA and ATI (now AMD) reveal that the two companies may have staged a competition over the past half-a-decade or so. A judge read out an email which suggested price fixing was rife in the graphics card market. That follows a class action of 51 different plaintiffs, now combined into one, and across different legal jurisdictions, alleging cartel behaviour not only in graphics chips, but flat panels and CRTs too.
In other words, NVIDIA and ATI may have been fixing prices of their products for a while now, it is believed that they held secret meetings to discuss staged competition, chart out prices, timings of product launches among other things. These pseudo-competitions staged provided improved sales among other things.
A PDF File available to us at this point shows that the two indulged in conspiracy to mutually benefit from staged competition, so as to:
Fix, stabilize, and maintain prices of products in the US Market.
Artificial inflation of product prices.
Provided, are charts that show price-spread between NVIDIA and ATI products. Three major time-scales: Before the 'conspiracy period', during and after a federal grand jury launched an investigation and issued subpoenas to both companies:
Of course, the latest price-cut of NVIDIA GeForce GTX 200 series products doesn't seem to have been taken into account, the price spread between NVIDIA and ATI with their highest-offerings is zero.