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Supreme Court Won't Block Antitrust Suit Against Major Labels
Date: Friday, January 14, 2011 @ 15:43:36 UTC

The U.S. Supreme Court has decided that a lawsuit, filed by a group of online music buyers who allege the four largest record companies conspired nearly a decade ago to fix prices of songs sold online, can now move forward. The high court declined to hear an appeal by the labels - Universal Music Group (UMG), Sony Music Entertainment, Warner Music Group, and EMI Group - to block the suit, according to reports by Bloomberg and Reuters. Instead, the decision by a federal appeals court that the plaintiffs had supplied enough evidence to sue the labels will stand. Complete Article







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