1. Pionts of Contention Against the RIAA
... 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