by Mike Masnick
Wed, Jan 13th 2010 10:38am
For many years, we've wondered why the major labels haven't gotten in trouble for what appears to be clear price fixing -- having all of the major labels band together to both demand identical wholesale pricing and attempt to dictate retail pricing by partners as well. There have been various investigations by both local and federal officials, along with a few lawsuits -- but nothing has really gone very far. One lawsuit was tossed out by the district court back in 2008, but in a surprising move, the 2nd circuit appeals court has revived the lawsuit, claiming that the evidence is "sufficient to plausibly suggest" price fixing by the major labels with regards to digital music. So now it goes back to the lower court. I still doubt this will really have much of an impact, but it's nice to see some recognition of what's seemed pretty obvious for quite some time.
If you liked this post, you may also be interested in...
- California Supreme Court Shows How Pharma 'Pay For Delay' Can Violate Antitrust Laws
- Appeals Court Rejects Labels' Collusion Scheme To Try To Force Pandora To Pay Higher Rates
- Apple Trying To Kill Off Spotify's Free Tier; DOJ Now Investigating For Antitrust
- Major Record Labels Use Lawsuit Against MP3Skull To Try To Backdoor In SOPA
- Google To EU: You Know, No One Really Uses Our Vertical Search Products