Word: hypermarketer
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Dates: during 2003-2003
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...death by 1,000 cuts, it would appear that some of the wounds are self-inflicted. That's because the discs clogging Shantou's warehouses aren't pirated. Some of the world's largest record companies, including BMG, EMI and Universal, produced them, and retailers such as French hypermarket chain Carre-four stocked them-only to dump them when they didn't sell. But instead of being melted down by recyclers, the unloved discs are diverted through a network of scrap dealers and middlemen like Li, ultimately finding their way into stores in China. They are sold there...