TweakTown
Tech content trusted by users in North America and around the world
5,677 Reviews & Articles | 36,079 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

US Department of Justice sues Microsemi

Anti Trust litigation filed

| Posted: Dec 19, 2008 5:15 pm

Mircosemi bought out a another SST maker (Semicoa) back in July and right after the acquisition proceeded to increase its prices on these parts and "threatened to impose on these customers less favorable terms of service than were provided before the acquisition."

 

The acquisition of Semicoa reduced the number of SST makers from three to two. The US DOJ wants Microsemi to sell off all of Semicoa's assets.

 

The Sydney Morning Herald has more here.

 

US Department of Justice sues Microsemi

The antitrust lawsuit filed Thursday claims that Irvine, Calif.-based Microsemi created a monopoly on parts called small signal transistors, which amplify electrical signals, when the company bought Semicoa in July.

 

The government also argues that the performance and price of other parts called ultrafast recovery rectifier diodes, which also help control the flow of electric current, will suffer because the deal reduced the number of competing firms for those parts from three to two.

 

Related Tags

Further Reading: Read and find more news at our news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below