Please create an account to participate in the Slashdot moderation system

 



Forgot your password?
typodupeerror

Submission Summary: 0 pending, 6 declined, 2 accepted (8 total, 25.00% accepted)

×
The Courts

Submission + - Dutch Homecopy foundation pays up $1.1 mln.

cerberusss writes: "A judge made the Dutch Homecopy foundation pay 840,000 (more than $1.1 mln) in a trial that the foundation had started itself against company Imation.

It's a fact that the Homecopy foundation (in Dutch "Stichting de Thuiskopie") 20 percent of the homecopy payment, that producers of writeable media pay, immediately pays back to producers that are members of the STOBI foundation. This foundation was started by the Ministery of Justice, to negotiate between producers of writeable media and the Homecopy foundation.

In the STOBI foundation, this 20% discount was kept secret. When Imation entered the STOBI foundation and discovered this fact, they stopped paying the homecopy payment until the discount was recouped over the previous years claiming unfair business practices. The Homecopy foundation immediately started a trial against Imation. But not only did they lose the trial for the current payments but were also forced to pay back the discount over the previous years including interest, running up to 840,000."

Slashdot Top Deals

"Floggings will continue until morale improves." -- anonymous flyer being distributed at Exxon USA

Working...