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Labels Sued
03/14/06
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(FMQB) A new class action lawsuit has been filed in federal court accusing major labels of fixing prices for music downloads and CDs. San Diego lawyer William Lerach filed the suit on behalf of 11 plaintiffs who purchased music online or on CDs, and on behalf anyone who has "paid inflated prices" for music. The suit claims that Sony BMG, Universal Music, Time Warner, Bertelsmann and EMI fought together to keep the online music market from emerging, and then "conspired to fix and maintain" music prices once digital services became inevitable.[see full story for more] - Click here for the Full Story

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