Class action lawsuit filed against music industry

#Music

Tue, Mar 14th, 2006 03:00 by capnasty NEWS

I wonder how far this will go. The coffers of the music industry are far bigger.

People have complained about the price of recorded music for decades. It's always seemed a little fishy that there was no price competition between the labels, and that CDs have always remained more expensive than cassettes, even though the discs are now dirt cheap to make. When music went digital, why did we see so few price points for individual tracks? Today, why are all the major labels simultaneously making noise about wanting Apple to offer variable pricing? The whole situation fueled paranoid claims about industry collusion and price-fixing that later turned out to be totally justified.

  1050

 

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