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Online MP3 venders fined for price fixing

Korea JoongAng Daily | March 2, 2011

 

Korea’s antitrust watchdog said yesterday that it has slapped major digital music providers with a combined 18.8 billion won ($16.6 million) in fines for rigging prices of digital music content and online download services.

Loen Entertainment and Mnet Media were fined 9.58 billion won and 1.98 billion won, respectively.

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