The Price of RAM
A couple of weeks ago the price of a stick of RAM (Random Access Memory) went up overnight here in Australia by a whopping $21.00 a stick. It makes you wonder how the laws of supply and demand could really lead to such an increase in the price of RAM.
Sometimes though other things that we don’t necessarily know about can seriously affect the prices we pay. During 2001 and 2002 the price of RAM in the US was artificially inflated when executives at Samsung’s US unit and others agreed to fix the price of RAM at well above the real market price.
Last year Samsung pleaded guilty to price fixing and now one of their executives is doing prison time for the same offence. You can read the full story here
It just makes you wonder now anytime that RAM goes up by such a large amount overnight.