LATEST ADDITIONS

The gold rush is on in the wake of a Federal Trade Commission decision effectively ending the music industry's policy of minimum advertised pricing (MAP) on compact discs. Attorneys in California and New York wasted no time in filing class-action lawsuits against the music industry's major conglomerates, following the FTC's announcement May 10 that it had reached a negotiated settlement with them over a longstanding noncompetitive pricing policy.

Last week, the Consumer Electronics Association (CEA) announced that it is working to establish a single standard for high-data-rate home networking using the powerlines already installed in consumers' homes. Stating that it is "recognizing the need for a baseline technology standard," the CEA says it has invited integrated-home-systems industry stakeholders to participate in the creation of a standard for residential powerline networks, to be completed by year's end.

A long, relaxing listening session can be good medicine. But I've never heard a doctor prescribe, "Listen to your favorite recording three times and call me in the morning." At least, not yet.

Retail prices of compact discs are likely to drop in the coming months, thanks to a Federal Trade Commission action ending an industry-wide price-support policy begun five years ago. On May 10, the FTC announced that it had reached an agreement with the "Big Five" of the music business—Time Warner Inc.'s Warner Music, Seagram Ltd.'s Universal Music, Sony Music Entertainment, BMG Entertainment, and EMI Group PLC—that will effectively end the practice of "minimum advertised pricing" (MAP) instituted as a response to music-retailing price wars in the mid-1990s. Under MAP, retailers were forbidden to advertise CDs below an established minimum, at the risk of losing millions of promotional dollars from the record labels.