Thursday, November 26, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
SK Hynix Rejects Chinese Take-over Offer
New Huawei Mate 8 Smartphone Launched With Kirin 950 Inside
Samsung's New DDR4 with TSV Gives a Boost To Data Centers and Servers
New Raspberry Pi Zero Is A $5 Tiny Computer
Panasonic's CX Ultra HD Smart TVs Bring 4K Closer To Home
New LG Ray Smartphone Focuses On Photo Shooting
Active Discussions
roxio issues with xp pro
How to back up a PS2 DL game
Copy a protected DVD?
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Optical Storage > EU ends...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, August 17, 2001
EU ends probe of CD prices in Europe :(

"...The European Commission said on Friday it was ending an investigation into whether the world's five biggest music companies were colluding with retailers over the price of compact discs (CDs) sold in the European Union. However, it said it would leave it up to national competition authorities in Germany and Italy to decide whether to start their own investigations. The European Union's competition watchdog had announced the investigation in January, naming the companies at the centre of the probe as EMI Group, Bertelsmann's BMG, Warner Music, Sony and Universal.

The investigation focussed on allegations of retail price maintenance by the big record companies through the use of contracts with retailers where cooperative advertising arrangements were linked to minimum advertised prices. The Commission said its investigation found that three of the major record companies were including minimum advertised prices in some of their cooperative advertising agreements in Germany. These companies, which it did not name, had subsequently ended these activities, it said in a statement.

The probe also uncovered a limited practice by one of the ``majors'' in Italy that could have the effect of maintaining retail prices, it said. As these possible infringements were confined to the territory of single EU member states, the Commission said it was suspending its own investigation while informing the relevant national competition authorities of the results of its inquiry.

Given the high degree of concentration in the recorded music industry, the Commission said it would continue to keep the industry under close scrutiny and could reopen its investigation if more information came to light about similar practices. The Commission noted that Britain's Office of Fair Trading had launched a separate investigation into allegations that leading record companies were restricting the import of CDs into Britain to try to keep retail prices there high.

The European Commission said it was pushing ahead with its investigation into the price of DVD (digital versatile disc) movies in Europe. European Competition Commissioner Mario Monti disclosed that investigation in June, saying that movie companies and equipment makers had worked together to introduce a worldwide regional coding system for DVDs.

At issue is whether someone who buys a DVD in one region, such as the United States, should be prohibited by mechanical differences from playing that DVD in Europe or other regions. The Commission said on Friday it was concerned that the system prevented EU consumers from benefitting from a broader choice of DVD titles and potentially cheaper prices. All aspects relating to the establishment and operation of the system were being examined, it said. After sending requests for information to all companies concerned by the system, the Commission was currently reviewing the first batch of material it had received, it added..."

Sony Electronics Has Cut 300 Jobs        All News        TTR Technologies/MacroVision alliance with Sonopress
Sony Electronics Has Cut 300 Jobs     Optical Storage News      A TV That Does It All

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Memory-Tech Promises Improved Audio CD Quality With New UHQCD Technology
Acer Launches Gaming Monitor Enabled by AMD FreeSync Technology
Microsoft Outlines Basic Elements Of Direct3D 12
CD-R And CD-RW Discs Represent $368 Million in 2013 - CD writers and CD Combo Disappearing
New SDXC And SDHC Memory Cards Support 4K2K Video
LCD TV Panel Shipments Dip in Q3 For The First Time
CDSA Releases Updated Version of its Content Protection Security Standard
Sharp Launches The LL-S201A 20-inch Multi-Touch Monitor
Strong Shipments Reported For High-Resolution Tablet Panels in 2013
LCD TV Panel Inventory Rises, Spurring Price Drops
Sharp AQUOS DR TVs Pack 500GB HDDs, Blu-ray Drives
Sharp To Launch Redesigned AQUOS Quattron G9 LCD TVs

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .