Yesterday p2p software developer LimeWire countersued the RIAA, on the basis of anticompetitive behavior. LimeWire is demanding almost $476 million for damages and claiming that the RIAA is attempting to develop a monopoly over digital distribution.
The alleged unfair business practices include collusion among the record companies to price their licensing rates in such a way that independent music sellers can’t afford to stay in business, LimeWire said.
High licensing fees, power hungry, and threatening smaller businesses creates a very strong case against the Music Bully. It would seem that the p2p community is finally rallying it’s troops and ready to fight back. Thank God.