codshit.com: Labels to Pay $143 Million in CD Price-Fixing Case

Thursday, 3 October 2002

Labels to Pay $143 Million in CD Price-Fixing Case

And those profiteering gluttons wonder why P2P is so popular! It's because their CD's and DVD's are a complete rip-off. They can legally rip us off with their CD pricing (even when it's not fixed!) but when someone comes up with a way to rip them off, we're branded as pirates or terrorists or something.

Well, that's modern capitalist ethics for you!

The world's five largest music companies and the three largest music retailers will pay $143.1 million to settle a CD price-fixing case launched by New York and Florida two years ago, New York State Attorney General Eliot Spitzer said on Monday.

In August 2000, most U.S. states joined in a lawsuit alleging that an industry practice called "minimum advertised pricing" (MAP) artificially inflated the price of CDs between 1995 and 2000, violating federal and state antitrust laws.

Under MAP, the labels subsidized advertising for retailers that agreed not to sell CDs below a certain price.

The five record labels -- Vivendi Universal's Universal Music Group, Sony Corp.'s Sony Music, Bertelsmann AG's BMG Music Group, Warner Music Group, a division of AOL Time Warner Inc. and EMI Group Plc -- and the three retailers, Musicland Stores Corp., Trans World Entertainment Corp. and Tower Records, agreed to stop using MAP policies as part of the settlement.

Full story...

Enlightenment

Do you feel like you're living in some Orwellian nightmare? Or perhaps you feel as if you're plugged into The Matrix? Well if so, you've come to the right place. No matter how messed up you thought the world was, by the time you've finished reading some of the things I've found on my travels in Cyberspace you'll realise that 1984 was just a typo!

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Americans have different ways of saying things. They say 'elevator', we say 'lift'...they say 'President', we say 'stupid psychopathic git'....
.: Alexi Sayle :.

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.: G'kar :.

So there, we have figured it out, go back to bed America, your government has figured out how it all transpired. Go back to bed America, your government is in control again. Here, here's American Gladiators. Watch this, shut up. Go back to bed America, here's American Gladiators. Here's 56 channels of it. Watch these pituitary retards bang their fuckin skulls together and congratulate you on living in the land of freedom. Here you go America, you are free... to do as we tell you.
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Wisdom