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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."

3 of 511 comments (clear)

  1. WTF? by Anonymous Coward · · Score: -1, Troll

    I'm producing widgets. These widgets cost me $1.00 to produce. They are only available through me, not a necessity, but people like them for some reason.

    Why shouldn't I be able to sell my widgets for $100 if people will pay?

  2. MORON! by Anonymous Coward · · Score: -1, Troll

    p2p IS causing their problems, moron.

  3. Re:this is good news by vldmr_krn · · Score: 0, Troll

    so where do I pick up my compensation check for getting screwed over for all these years?

    You don't, because you weren't screwed. No one forced you to buy CDs; there was no fraud, no violation of your rights. You're not a victim, just a whiner who wants other people to provide you with everything you want regardless of whether they profit by it.