I mean, the store is called Best Buy.
A group of independent music retailers has filed a class-action lawsuit against Best Buy Co. Inc., alleging that the chain violates U.S. antitrust laws, as well as California state laws, that govern loss-leader selling, the strategy of pricing product below cost.
In the lawsuit — filed Aug. 6 in U.S. District Court for the Central District of California, Western Division — the plaintiffs charge that Best Buy uses its clout to receive benefits from the major labels that are not generally available to the chain’s competitors. The plaintiffs in the case are Mad Rhino, Boo Boo Records, Lou’s Records, Dimple Records and Rand Foster of Fingerprints. (full story)
You know, if I were to just tell someone I was going to Mad Rhino to buy the latest Yo La Tengo CD, people wouldn’t blink. But when “Mad Rhino, Boo Boo Records, Lou’s Records, Dimple Records” are all referenced in a lawsuit, it just puts a smile to my face. I imagine the Looney Tunes characters trying the case in court.