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Price Fixing Victory for UK Labels

05/30/07
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(BBC) Online retailer CD-Wow must pay �41m to British record companies after breaking a deal to stop selling illegally imported cheap albums in the UK.

The High Court in London ruled in March that the site's owners, Music Trading Online, were "in substantial breach" of a 2004 agreement to stop importing CDs.

CD-Wow says it will still sell cheap CDs and may appeal against the ruling. [see full story for more] - Click here for the Full Story

(The preceding story is only a summary of the full story published by BBC To read the entire story click on the link following the story. Click here to return to the full Day in Rock report for 05/30/07 or select a headline below from the list of stories included in today's news.)

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