This practice used by the music company forced consumers to pay high prices for compact disks. CD prices have been inflated for years. This decision will lower prices for compact disks. Discounts like Wal-Mart with the ability to sell low priced compact disks will put a lot of pressure on small music retailers. Since 1995 retailers can discount compact disks but they can not advertise that discount.
Music companies threaten to cut advertising payments if the sales are advertised.
This may soon end bringing low CD prices to the consumer. Wal-Mart Business News 10. There was a mysterious trade that occurred 15 minutes after the trading floor closed on the New York Stock Exchange. The Big Board confirmed the trade and said that it was overseen by National Association of Securities Deposit. Wal-Mart shares increased on February 24th after a trade was completed once the floor closed.