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Submission + - Swiss RIAA under formal investigation ( 1

cheros writes: The Swiss paper Blick reports that the IFPI, the Swiss equivalent of the RIAA is now under formal investigation for market rigging and building an illegal monopoly (Google translation).

A pre-investigation seems to have concluded that there is enough evidence to warrant a formal investigation into market rigging and forcing members not to import music handled by another member (i.e. anti-competition).

If found guilty, fines could amount to 10% of their turnover for the last 3 years..

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Swiss RIAA under formal investigation

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Honesty is for the most part less profitable than dishonesty. -- Plato