Comment Re:Price fixing... (Score 1) 507
Adding to above-
The real cause behind all this is the fact that Sony has a legal monopoly on Whitney Houston's music.
If her albums were available through other (legal) means, the free market would work. Sure, everyone would raise prices just like Sony did, but someone would raise them less than the others, and we'd have a price war on our hands. It's entirely possible that Whitney's death would result in *lower* album costs due to the increased attention and volume.
But since there's a monopoly on this particular product, the market can do nothing about it.
Maybe Korea can make some money off of all of this: http://www.youtube.com/watch?v=1RgXC303Q5A