What a bunch of crap. Music is a staple entertainment of modern society. Do you need it to live? No. But is it a highly desired product of everyday life? Yes.
Correct. But there are plenty of other ways to entertain or enhance your life, many of them perfectly free. The music industry hasn't managed to corner the market on personal enjoyment...yet. Further, within the universe of for-cost music, there exists a wide range to appeal to every budget and taste. I hunt through the big pile of $3.99 - $6.99 CDs, you can, too. That's where the real music is, anyhoo, not that N'Suck and 'I wanna be a thug' garbage.
To say that nobody forced you to buy is justification for price fixing is absurd. What the music industry has done is collaborating to remove market options for the consumer, deliberately narrowing the possibilities of obtaining music from anyone but themselves at high prices they have conspired to set with retailers.
First, nobody argued the non-essential nature of music 'justifies' price-fixing. What it does, however, is preclude the argument advanced by the thread creator that one 'theft' justifies another. Because the relationship between music producers and music consumers is a free and voluntary one, the consumer has free reign to decide whether the music (i.e. product or service) is worth parting with his money over. It is a fundamental underpinning of the free market.
Because of the free and voluntary nature of the relationship, each and every consumer has the ULTIMATE power in such a system, the freedom to buy or not to buy, to vote with his dollars or his feet. Since the consumer in this case cannot possibly claim 'duress' by 'need', he has no excuse at all for parting with his money except that HE WANTED TO DO SO, because he found the product to be worth the asking price. Why would anyone buy a single thing they did not believe was a fair exchange for their money? They wouldn't.
Oh, and they deny any wrongdoing? There's a surprise. The courts will allow this settlement and the music industry will never have to own up to any wrongdoing. And the settlement itself is the cheap way out for them. They avoid further legal costs and quite possibly a much higher court mandated fine.
Like it or not, this is a reality of our litigous society. It costs a lot of money to stand up for your principles. Until you've actually been sued and had to face the choice of spending $50,000 to defend yourself or settling for $10,000, you cannot know how frequently or easily this happens.
So you say, 'I'm not going to settle anything because I've done nothing wrong', and you decide to defend yourself, 'its a matter of principle'. How much principle can you afford? You go to court and you "win", but in the process you've lost your home and are financially ruined. Wow, that's some "win".
Personally, I don't know enough about the lawsuit or the details to come to the defense of either side, but the fact that 1. the music industry has a profit interest; and 2. CD's seem to cost a lot, are NOT prima fascia proof of wrong-doing.