I love it when little guys push back bullies, especially bullies who demand top dollar for an increasingly inferior product.
In re Digital Music Antitrust Litig., MDL No. 1780 (S.D.N.Y.). Coughlin Stoia attorneys are co-lead counsel in an action against the major music labels (Sony-BMG, EMI, Universal and Warner Music Group) in a case involving music that can be downloaded digitally from the Internet.
In this case, plaintiffs allege that defendants restrained the development of digital downloads and agreed to fix the distribution price of digital downloads at supracompetitive prices.
Plaintiffs also allege that as a result of defendants’ restraint of the development of digital downloads, and the market and price for downloads, defendants were able to maintain the prices of their CDs at supracompetitive levels. Defendants’ motion to dismiss is being briefed.
You all know how I feel about the music industry, so I applaud this class action wholeheartedly.
Gouging, price fixing, kitchen sink anyone?
let’s hear it for torrents and fire sharing!
Gotta love it when technology castrates the middleman. Or in this case the copyright nazis.
Unfortunately, that was offset by a ruling in Calif. that seems to strike at fair usage concepts with regard to DVDs.
http://www.wired.com/threatlevel/2009/08/another-court-deals-major-blow-to-dvd-copying/