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Music Industry Pays $67M Fine For Price Fixing

Posted by ryuzaki0 on from the innocent-whistling dept.

Krelnik writes "Reuters is reporting that the music industry is paying a $67.4 Million settlement to end a lawsuit where they were accused of artificially inflating CD prices at retail. Yeah, P2P is causing their problems. Sure, sure it is. Here's the story at Reuters UK."

1 of 511 comments (clear)

  1. Damn, Son... by Greyfox · · Score: 2, Flamebait
    Don't you understand? That's how the free market system works. Have a lot of money, do something illegal, get off with a slap on the wrist. I would think the examples of OJ, Microsoft and the executives whose greed has left this country's economy a shambles and destroyed the lives of millions should be enough. Oh yeah, a few of those executives might see a few years in Club Fed before Shrub manages to distract the sheep with the next oil war. I'm willing to be that after all is said and done, most of those executives walk away with more money than they can ever spend in their lives.

    That's just the way the system works. Better get used to it.

    --

    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?