Thursday, January 13, 2011

Music Price Fixing Allegations to be Probed

US Supreme Court declines to intervene, allowing a civil suit to proceed against Big Music.

Alleged music price-fixing will be probed- The Inquirer

These included the 'big four' music labels - Sony, Warner Music, EMI, and a unit of Vivendi SA, the company behind Universal Music Group. They were accused of making an agreement with each other to make sure that prices wouldn't be any lower than 70 cents a tune, even though some of their rivals were selling tracks for much less.

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