Why buy a plant that you would have to retool?
Why, in connection with the acquisition, would get an agreement with Toshiba that it would not import RDRAM?
Seeing what you want to see...
"Micron bought the plant, because Toshiba was getting out of DRAM and into NAND business. As part of the deal, Micron got NAND licence from Toshiba. Very smart. Had nothing to do with RDRAM."
nothing to do with RDRAM.
Then why was Toshiba restricted from buying RDRAM as a part of the deal?
Simple "predatory" pricing.
The cartel first lowered the price of DDR below its cost. At the same time, the cartel refused to productize RDRAM to get economies of scale, and restricted supply, keeping RDRAM cost high. With the substantial disparity between DDR/SDRAM and RDRAM, they were able to get the market to turn away from RDRAM. Once accomplished, the cartel increased prices on DDR 3x. Brilliant strategy - the only problem is that it is illegal, especially when a group of multinational corporations conspire to get it done.
The State of California frowns heavily on this type of activity, so it builds in an automatic trebling provision to discourage others from following such unethical practices - the Cartwright Act.
MU and Hynix now will be made accountable, in billions.
"So why is this RMBS case based on the assertion that MU and Hynix were lowering prices on DRAM and DDR?"
It is not. It is based on the fact that the Cartel falsely increased the price of RDRAM, and together fixed prices so RDRAM would be unavailable because they couldn't afford to produce it. Then, when they had everyone convinced that RDRAM was simply no good and couldn't be produced competitively, they increased their own prices to make a fortune after killing competition. Classic violation of anti-trust laws.
Monopolies are not illegal. In fact, monopolies are protected by patent law for a certain time period. Many monopolies exist right now, protected by federal law.
Monopolies created by conspiracy between two or more parties to kill other competitors are illegal.
Read the law.