INTERACT FORUM
More => Old Versions => Media Center 11 (Development Ended) => Topic started by: Harry_The_Hipster on February 05, 2003, 06:50:41 am
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Persons who purchased CDs from a retail outlet subsequent to January 1, 1995 and before December 20, 2000 are entitled to share in a settlement pool established by the major companies as a result of price-fixing charges by the US (What a shock!).
Entitlement may range from $5 to $20 a person, depending on the number of applicants to the pool. Proof of purchase is not required, and online claim registration is available at http://www.musiccdsettlement.com/english/default.htm
The filing deadline is March 3. In addition to the settlement fund, the miscreants have committed about $73 MM in free CDs to schools, libraries, etc. One can only speculate what they're using as a per-CD price in order to determine how many (or how few) they have to give away.
HTH
Listening to: 'I Can't Get Started' from 'Andre Previn Plays Songs By Vernon Duke' by 'Andre Previn' on Media Center 9.0
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Sorry ,i do not understand exatly what it is all about
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I don't know why this came to mind....
For twenty years Mr. Sokoloff had been eating at the same restaurant on Second Avenue. On this night, as on every other, Mr. Sokoloff ordered chicken soup. The waiter set it down and started off. Mr. Sokoloff called, "Waiter!"
"Yeah?"
"Please taste this soup."
The waiter said, "Hanh? Twenty years you've been eating the chicken soup here, no? Have you ever had a bad plate --"
"Waiter," said Sokoloff firmly, "taste the soup."
"Solokoff, wha's the matter with you?"
"Taste the soup!"
"All right, all right," grimaced the waiter. "I'll taste -- where's the spoon?"
"Aha!" cried Solokoff.
-- from The Joys of Yiddish
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Z:
The US government sued the record companies for price-fixing. They claimed that the major companies refused to make their products available to retailers unless the retailers agreed not to discount below a certain level. That violates US anti-trust laws.
The record companies settled the claim by creating a pool of money to reimburse US CD purchasers, and agreeing to give some of their CDs to schools and libraries. As part of the settlement, a website was set up to make it easier for CD purchasers to submit claims to the pool.
If too many people make claims, that might drive the per-person settlement below $5. In that case, rather than waste a lot of time and money sending out very small settlement checks, the settlement pool would be contributed to a charity, educational institution or governmental agency 'for music purposes', whatever that means.
Comprenez-vous cela?
HTH
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Oui je comprend! Merci
I heard about this problem ,but did not get it when reading your post and the link.
Look good ,not because of the money but because for once ,the US government makes the law ,not the corporates- selling records or other things-
TODA