... from the Field Research Corporation, a San Francisco-based research firm, 22 percent of Napster users said that because of Napster, they did not buy CD's any more or they bought fewer CD's." This ultimately means that since CD sales are declining, music artists and industries are losing profits. RIAA also reported that its own survey of music buyers showed "...over 50 percent of ... that have downloaded music for free have made copies of it. Just two years ago, only 13 percent copied it onto a portable device or a CD burner." They also report that in 2001 40% of all "music consumers" ow...

• Word Count: 1162
• Approx Pages: 5
• Grade Level: Undergraduate

... competition unwilling to follow their "industry standards." Article I. The RIAA has Exercised Vertical and Horizontal Restraint of Trade on the Industry to Inflate CD Prices In an August 2000 lawsuit, 28 states plus the commonwealths of the Northern Mariana's and Puerto Rico accused that the Big Five "colluded ... that the industry's "Minimum Advertised Price" policy may have cost U.S. consumers an extra $480 million over the past three years, while the average CD price has risen 41% over the past five years." Article II. The RIAA has Defrauded Artists of Even the Possibility of Recoveri...

• Word Count: 1252
• Approx Pages: 5
• Grade Level: Undergraduate

... labels were charged with illegal price fixing. "Attorneys general in the two states, who were joined in the lawsuit by 39 other states, said that the industry kept consumer CD prices artificially high between 1995 and 2000 with a practice known as "minimum-advertised pricing" (MAP)" (Lieberman). The labels settled the suit for 143 million dollars. RIAA labels continue to ... ...

• Word Count: 1227
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

... . They are the international organization responsible for global copyright protection and enforcement. The basically fight overseas piracy by encouraging governments to identify and warn infringers. The IFPI mainly targets illegal CD manufacturing plants and develops automated anti-piracy technologies for the Internet. As with the RIAA, the IFPI also engages in litigation against violations. The consumer-sponsored mp3.com is a good ... ...

• Word Count: 986
• Approx Pages: 4
• Grade Level: Undergraduate

... . They are the international organization responsible for global copyright protection and enforcement. The basically fight overseas piracy by encouraging governments to identify and warn infringers. The IFPI mainly targets illegal CD manufacturing plants and develops automated anti-piracy technologies for the Internet. As with the RIAA, the IFPI also engages in litigation against violations. The consumer-sponsored mp3.com is a good ... ...

• Word Count: 1036
• Approx Pages: 4
• Grade Level: Undergraduate

... great harm to everyone who brings music to the public," it has affected the sales at stores, such as Sam Goody and Music World. From a personal perspective, I have not bought a CD at a store for a couple of years because of the fact that downloading is cheaper and much easier. I guess in a way I am part of the problem for music companies. The RIAA ... ...

• Word Count: 766
• Approx Pages: 3
• Grade Level: Undergraduate