Blogcritics: Breaking news - Federal Antitrust Settlement with Labels

By Administrator on September 30, 2002 12:01 PM | | Comments (0) | TrackBacks (0)

"TENNESSEE ATTORNEY GENERAL WINS ANTITRUST SETTLEMENT IN LAWSUIT ALLEGING PRICING CONSPIRACY ON MUSIC CDS

Tennessee Attorney General Paul G. Summers announced today that five of the largest U.S. distributors of pre-recorded music CDs and three large retailers agreed to pay millions of dollars in cash and free CDs as part of an agreement on price-fixing allegations. "

$150,000,000 isn't quite chump change, but I wonder if it will have an actual effect on the price of CD's.

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This page contains a single entry by Administrator published on September 30, 2002 12:01 PM.

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