Federal Trade Commission rules that Rambus monopolized four markets for computer memory chips

Federal Trade Commission rules that Rambus monopolized four markets for computer memory chips

Federal Trade Commission has ruled in a unanimous verdict that Rambus used deceptive conduct “to distort a critical standard-setting process” for dynamic random-access memory.

This memory chip product is used in digital products like computers, servers, printers and cameras.

The FTC said in a ruling that the company “unlawfully monopolized” four markets for computer memory chips. The announcement resulted in a 30% drop in company share prices in the market.

FTC said: “Through its successful strategy, Rambus was able to conceal its patents and patent applications until after the standards were adopted and the market was locked in.”

They had charged the company with these claims in 2002. Rambus has responded by saying that they plan to challenge this ruling.