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Old Jun 24, 2009, 12:51 PM   #1
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Rapidshare Fined €24 Million by German Court

File-sharing site Rapidshare has been hit with a big fine of €24 million ($34 million) by the Regional Court in Hamburg, Germany, following a request by GEMA, a German copyright protection group acting on behalf of 65,000 composers and other music industry parties. The court also forbid the file-sharing site from hosting any of the 5,000 tracks from GEMA's collection.
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