Thursday, March 01, 2007

After reading this in the Free Press, I had a great idea what we can do with any funds coming to Vermont - support the high tech industry here! How fitting.

Vermont shares in $90 million settlement with Samsung

Published: Wednesday, February 7, 2007
MONTPELIER - Vermont is one of 40 states to settle with electronics manufacturer Samsung in an antitrust lawsuit, Vermont Attorney General William Sorrell announced this week.

The $90 million nationwide settlement with Samsung Semiconductor, Inc. and Samsung Electronics Co., Ltd. arose from a claim of a price-fixing scheme among Samsung and several other of the world's largest computer memory chip manufacturers that began in the 1990s.

The settlement, which is still subject to a court review, does not yet detail how the money will be meted out among the suit's participating states and consumers.

Thursday, March 01, 2007 9:26:29 PM (Eastern Standard Time, UTC-05:00)  #     |  Comments [0]  |