Whitney dead? Let's increase the price of her albums on iTunes!

[FX120]

When demand is high, and all suppliers choose to offer the same basic product at inflated-compared-to-supply-costs prices, that is price fixing.

Oh wait! That's nothing like the control the labels possess!

 

[Anonymous Freak]

Oh wait! That's nothing like the control the labels possess!

Ironically, Apple used to do "price fixing" by insisting that every single song on the iTunes Store be exactly 99 cents.

I suppose in theory, the only true "market forces" market would be eBay...