Editing Price fixing (section)

=== Compact discs ===
{{main article|CD price fixing}}

Between 1995 and 2000, music companies were found to have used illegal marketing agreements such as [[resale price maintenance|minimum advertised pricing]] to artificially inflate prices of [[compact disc]]s in order to end price wars by discounters such as [[Best Buy]] and [[Target Corporation|Target]] in the early 1990s. It is estimated customers were overcharged by nearly $500 million and up to $5 per album. A settlement in 2002 included the music publishers and distributors; [[Sony Music Entertainment|Sony Music]], [[Warner Music Group|Warner Music]], [[Bertelsmann Music Group]], [[EMI|EMI Music]], [[Universal Music Group|Universal Music]] as well as retailers [[Musicland]], [[Trans World Entertainment]] and [[Tower Records (music retailer)|Tower Records]]. In restitution for price fixing they agreed to pay a $67.4 million fine distribute $75.7 million in CDs to public and non-profit groups.