Warner and Universal hit with price fixing case again
Posted on 29/07/03 20:57 by Jan Willem                             
Warner and Universal hit with price fixing case again
Quakester2000 used our news submit to tell us that Warner and Universal have been hit with a price fixing case again. Earlier the largest record labels had to settle for a price fixing suit in the United States. This time Polygram, who later was purchased by Universal and Warner restricted competition in the sale of a CD.

In a unanimous decision, members of the U.S. FTC (Federal Trade Comission) chastised Vivendi Universal and Warner Communications for restricting competition in the sale of "The Three Tenors" - Jose Carreras, Placido Domingo, and Luciano Pavarotti - audio and video products. It seems that PolyGram (a company later bought by Vivendi) conspired with Warner "to curb discounting and advertising to boost sales of recordings that the two companies jointly had distributed based on the tenors' concert in Paris during the 1998 soccer World Cup."

Besides this, TheRegister has also an intresting 'rant' about the record industry, read the entire article here. Discuss the record industry in our LivingRoom.

Source: TheRegister

Reactions
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By StrongBad, Wed 30 Jul 2003 01:53
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Is anyone here surprised?
By damiandimitri, Wed 30 Jul 2003 10:12
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not me
By Saruman, Wed 30 Jul 2003 13:56
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puke Its only going to get worse as their patsy's in the US Congress (and other governments in the world) pass laws to restrict our rights to copy music and movies. What also sucks is that the consumers are still hurt even when the companies are sued, i.e. the settlement that was made approx. 2 years ago that limited consumers to a $20 maximum no matter how many CD's they purchased at the illegal rate.
By Saruman, Wed 30 Jul 2003 13:58
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It got lost in cyberland: It should have read: "... a maximum of 20 dollars..."
[edited by Saruman on 30.07.2003 13:59]
By klark_kent, Wed 30 Jul 2003 16:26
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"Chastised"? That's it? Nice.... Over here we get immediate lawsuits, insane fines, even jail time! Where's the outrage in the Senate? Bottom line never changes: justice is for the rich FrownFrownFrown

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