Infineon fined for price fixing

The US Department of Justice said Infineon, had taken part in an "international conspiracy" to fix prices between 1999 and 2002. The firm has agreed to co-operate with the Department in its investigation into the pricing of memory chips. The penalty is the largest criminal fine in a Department of Justice case in three years, BBC News reports. "This case sends the message that high-tech price-fixing cartels will not be tolerated," said US Attorney General John Ashcroft.