Anyone want a free twenty?

[butterfly]

So, rivkat pointed out this site about a settlement in an enormous music price-fixing case. Here's a news story about it.

In September, the five top U.S. distributors of compact discs and three large music retailers agreed to pay $143 million in cash and CDs to settle allegations they cheated consumers by fixing prices.

The lawsuit alleged that the companies -- upset with low prices charged by some stores -- conspired with retailers to set music prices at a minimum level, effectively raising the retail prices consumers paid for CDs.

Part of the settlement -- about $44 million in cash -- is earmarked to pay customers from $5 to $20, depending on how many people wind up dividing the money.

So, go and get your twenty bucks from the music industry.

Comments

[sassygurl.livejournal.com]

Thanks for the info! :)

[butterfly.livejournal.com]

Glad I could help! It'd be a shame to waste that money.