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US: Thousands of CDs to flood Mass libraries after music price-fixing settlement

By  |  January 28, 2013
US: Thousands of CDs to flood Mass libraries after music price-fixing settlement

Massachusetts libraries are preparing for a flood of compact discs as the result of a $143 million settlement over allegations that record labels and music retailers were fixing prices of CDs. About 124,000 discs will be delivered to the state’s 488 libraries this spring. Sony Music, EMI and Tower Records were among the named defendants in the case alleging the companies and retailers were colluding to set minimum CD prices. As part of the settlement, those who submitted refund claims will receive $14; schools in the US will get $76 million worth of CDs.

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