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FARMINGTON — The Bloomfield Public Library has received more than $12,000 from the state Office of the Attorney General as part of a legal settlement.

The money will be used to update equipment and cable, and to install wi-fi.

The money is part of a more than $220,000 settlement following a lawsuit alleging three companies collaborated to fix prices on devices containing dynamic random-access memory, according to a press release from the AG's Office. Dynamic random-access memory, also known as DRAM, allows for storage and retrieval of electronic data. According to the press release, the alleged price fixing led to overcharging for equipment like computers and printers that contain DRAM.

The press release states both private consumers and government entities were impacted by the alleged price fixing.

Government entities applied for settlement money from the AG's Office. The agency awarded $141,000 to political subdivisions, such as municipalities, according to the press release. It also awarded $82,000 to colleges and universities.

The checks were presented Tuesday afternoon.

“Over $220,000 in settlement funds will be invested directly in technology projects around New Mexico from the Four Corners to the East Mountains, from northern New Mexico to our southern border,” Attorney General Hector Balderas stated in the press release. “Investing in technology, especially in our rural communities, will improve the services provided to taxpayers and spur local innovation.”

 

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