In the latest of their assertions from the high, high horse they inhabit, the RIAA have decided that CDs should be 3x more expensive.
Even if successful in applying this poor logic, which I highly doubt, I can't see any online retailer making their wares more expensive to match. The only thing this is likely to achieve is more alienation from the industry (and more importantly the customers) it represents - eventually killing the CD market altogether.
Perhaps however, there is another motive for this. The RIAA have been largely unsucessful is sueing people for pirating downloaded music, so this could be another attempt to restrict people's rights. If the CD market is killed and all (legal) music is DRM copy protected downloads, it means they can successfully sue people for playing music on more than one device (including your car stereo) because to do that people must (by their logic) be reverse engineering the DRM which is in conflict with the DMCA laws in the US. The only way to legally play it on all your kit would be to pay extra for it. This could spell the end of fair use laws on copying.
This is a growing trend that big corporates are exploiting, not just in music, but in software, movies, etc. You no longer buy content, you simply pay for a restrictive license to use it.
To be honest, if they do something like this then most people will start waiting for a couple of years before they buy (so that the price comes down). They can't expect people to pay that kind of price, some CDs are way too expensive as it is!
Having said all that, next-gen console games are around that price (as a minimum), so are they just playing catch-up?