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Contact:
Ken
Sunshine, 212.691.2800
Susan B. L'Ecuyer, 856.596.2221 November 1, 2001
“NARM’s lawyers are still reviewing the comments in the amicus brief filed by the Department of Justice in the NARM vs. Sony litigation. Preliminarily, NARM’s counsel highlighted the fact that the government specifically stated that it was not commenting on the competitive effects of the joint ventures and licensing arrangements that are alleged in NARM’s complaint. Those allegations go to the very heart of NARM’s antitrust claims and NARM's concerns regarding the direction of the music industry. NARM is convinced that recent events, including the active investigation now being conducted of joint ventures in the music industry, confirm the antitrust concerns expressed in NARM's complaint. NARM and its counsel are reviewing the government's brief in more detail, and NARM has until November 30th, 2001 to file any response.”
NARM
serves the music retailing community in the areas of advocacy, networking,
information, education, and promotion. The Association’s more than 1,000
members include retailers, wholesalers, distributors, and suppliers of
products and services.
National
Association of Recording Merchandisers |
