In a thread about computers and new MP3 laws, someone said this (to explain high cost of blank tapes):
Is this true? Is it also true for CDs (as someone else asserted)? If so, how did such a law get passed, and on what level (state, federal)? I can’t see how this kind of law would be allowed, it seems like it would effectively allow a private organization to tax another private organization. Perhaps it is a voluntary agreement? And if it is true, where do the royalties go?