Declan McCullaugh on DRAM and protectionism - Micron buys protection for the DRAM market against Hynix, who was heavily subsidized by the Korean government. Declan doesn't like this because he's into Adam Smith.
I don't know about this one. I think Micron's point was that that massive subsidies let Hynix engage in predatory pricing, or pricing below their marginal cost - not just price competition - which is dubious even if you're a Chicago style free-markets economist.