Monday, 16. October 2006
Topic: NEWS english - on October 16, 2006 at 1:47:00 PM CEST
Wal-Mart to RIAA: We're not gonna take it!
I don't know about you, but I got my ~$12 check from the RIAA last year as part of the massive price fixing settlement between the music industry and the states. As a quick recap, the music industry was running a "minimum advertised pricing" scheme (MAPS), under which they'd withold valuable in-store promotional materials (i.e. giant cardboard cut-outs of Outkast, posters of Britney, and the like) from large retail chains that advertised CDs at low prices as a way of drawing people into the store. Wal-Mart is one of the chains that uses CDs as a loss leader, so when the feds found that MAPS was another just word for "illegal price fixing" Wal-Mart went right back to its loss-leading ways.
... Comment
