CD Arbitrage Slapped Down In The UK
from the higher-prices-for-everyone! dept
Because, apparently, fair market values for CDs are just too inexpensive for UK and Irish customers, the recording industry in the UK has slapped down an online company that dared to sell cheaper CDs they ordered from overseas. This is part of the same investigation of Amazon we mentioned a couple of weeks ago – though Amazon still hasn’t caved in on the issue. Once again, I don’t see how this sort of protectionist policy can stand. The company was simply ordering legal CDs at their fair market value and reselling them elsewhere. That’s just good business. However, the UK recording industry wants to keep CD prices artificially high and therefore drive their customers to look for other alternatives (file sharing, ordering their own CDs from overseas, etc.). This does nothing to help the consumer at all.