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Old September 14th, 2004, 02:05 PM

magnate magnate is offline
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Default Re: US: Stop Congress from making iPod or VCRs ill

Actually Gandalf I would liken the funding members of IFPI very much to OPEC. The major record labels and major Hollywood studios *do* talk to each other about prices. (I'm not sure about games companies.) They don't charge what they think is a fair price for a CD, they charge "what the market will bear", ie. as much as they can get away with. That's why, here in the UK, the majors are so upset about the supermarket chains undercutting them and selling CDs for as little as £10 (about US$16), and *still* making a big profit on them.

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