Losses to the US Economy From Pirated Music

in Counterfeit Goods

According to the Recording Industry Association of America (RIAA), music piracy causes losses of $12.5 Billion to the United States economy.

Source:RIAA, “WHO MUSIC THEFT HURTS,” Website, accessd: August 6, 2011 , and Associated Press, “Online music piracy topic of Nashville meeting,” Bloomberg Businessweek, August 6, 2011.

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