They very much can when they’ve been proven to collude to keep prices up.
If any one of them started making more RAM, they’d make a lot more profit than the other two. If all 3 did, they’d all still make a bunch of profit, but not as much as right now. They have an agreement that nobody ramps up RAM production so everyone gets to keep super high margins.
In the past they’ve literally agreed upon a target price to keep…
They’ve done it in the past, it was investigated, they got fined, look it up. Same people leading the same companies, why would they not do it again? Pay a fine of a few hundred mill again to make billions? No-brainer.
We don’t know, but we have another explanation: consumers went to buy from all three memory manufacturers at once, offering the same, high price.
The problem lies in 3 companies owning a monopoly on dram production and all conspiring together to make things shit for everyone who isn’t them
3 companies can’t all have a monopoly on the same thing lol
If they’re running a price-fixing scheme they sure can
They very much can when they’ve been proven to collude to keep prices up.
If any one of them started making more RAM, they’d make a lot more profit than the other two. If all 3 did, they’d all still make a bunch of profit, but not as much as right now. They have an agreement that nobody ramps up RAM production so everyone gets to keep super high margins.
In the past they’ve literally agreed upon a target price to keep…
You’re alleging that they’re doing this. Zero proof.
3 companies can’t have a monopoly. It’s literally in the definition of the word monopoly.
They’ve done it in the past, it was investigated, they got fined, look it up. Same people leading the same companies, why would they not do it again? Pay a fine of a few hundred mill again to make billions? No-brainer.
The problem is the fact demand is higher than supply, which memory manufacturers are trying to solve.
If they’re competing with each other, which they are, it’s not a monopoly.