If consumers are getting their music for free now, I guess the government decided they can get something out of the record industry too. The BBC reports: "State attorneys from 28 US states have filed a law suit against the world's five largest record companies, accusing them
of fixing compact disc prices.... The attorneys have filed suit against Time Warner's Warner Brothers music group, Sony Music, Universal Music Group,
Bertelsmann's BMG Entertainment, and EMI.... The states are demanding damages running into 'hundreds of millions of dollars', or 'several dollars' per CD sold." I can't wait to hear what they will propose to do with the money. Programs to keep kids off gangsta rap? Free Britney Spears CDs for low income families? Isn't the market speaking loudly enough on this one?
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- jim 8-09-2000 12:43 am