15,000 Arkansans Will Get Money From Music Industry
By: Import User
Updated: January 7, 2009
About 15,000 Arkansas residents could
receive refund checks as a result of an antitrust settlement
involving the distribution and sale of music on compact discs.
The refunds are for $13.86 and more than three million checks will be sent nationally.
About 200,000 of the $47 million being returned
to consumers will be distributed in Arkansas, according to state
Attorney General Mike Beebe`s office.
The 43 states and territories that pursued the case reached the
settlement in 2002, but checks are only now starting to reach the
mail.
The action was against five music distributors and three music
retailers. The firms allegedly conspired to inflate prices of music
on compact discs and other recorded music.
