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From: Elias <elias@cse.ucsc.edu>
Subject: Re: So I missed this one...
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Date: Tue, 01 Oct 2002 18:54:02 -0700

bitbitch@magnesium.net wrote:

> Turns out the music industry settled ... quite a hefty
> settlement.


Funnky, I thought that it was minor in comparison the the gouging that 
occurs on a standard CD.


> The Wall Street Journal
> Copyright (c) 2002, Dow Jones & Company, Inc.
> Tuesday, October 1, 2002
> 
> Five Music Concerns To Pay $143.1 Million In Price-Fixing Case
> Reuters News Service ...
> The companies, which didn't admit any wrongdoing, will pay $67.4
> million in cash to compensate consumers who overpaid for CDs between
> 1995 and 2000. The companies also agreed to distribute $75.7 million
> worth of CDs to public entities and nonprofit organizations throughout
> the country.


The CDs will probably cost less than 7.5 million to produce and 
distribute... "didn't admit any wrongdoing"?!? Give me a break.


Elias





