The problem is not just that three companies control the RAM and NAND memory market and raise prices in unison. The issue is that current legislation allows nearly identical behavior without the need for explicit conspiracy, effectively legalizing abuse. This contradiction between competition theory and oligopoly reality harms consumers, who pay more for technology without real alternatives.
Tacit collusion: how the DRAM and NAND market evades the law 🧠
Samsung, SK Hynix, and Micron dominate over 90% of the DRAM market. They don't need to meet in a basement; it's enough to watch a leader's moves and follow them. Current antitrust law requires proof of explicit agreement, something nearly impossible to obtain when price hikes are parallel and public. This legal loophole allows the oligopoly to operate without risk, while consumers bear the cost of technology that should be more accessible.
The club of three: prices rising as if by magic 🔮
It's curious: every time a manufacturer announces a price increase, the other two follow suit within days. No calls, no emails, no secret meetings. It's as if they have a sixth sense for business. Or maybe just a highly developed sense for detecting when they can empty the buyer's wallet without anyone complaining. Meanwhile, consumers wait for the next price hike to be the last. Spoiler: it won't be.