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Albuquerque, NM – This afternoon, Attorney General Hector Balderas awarded over $220,000 in settlement funds to public institutions across New Mexico for their technology proposals to better serve New Mexicans. The dynamic random-access memory (DRAM) litigation stems from a multi-state lawsuit challenging price-fixing for DRAM that resulted in over-charging for DRAM-containing equipment like computers and printers. The lawsuit alleged a conspiracy to fix, raise, maintain, and/or stabilize the prices of DRAM chips that allegedly resulted in overcharges to consumers and government purchasers of DRAM or products containing DRAM. DRAM is an electronic component that allows for storage and retrieval of electronic data.

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