Thursday, January 10, 2008

Business & Technology | Apple settles U.K. antitrust case by agreeing to cut iTunes prices | Seattle Times Newspaper

Hmm -- effectively a regulated (albeit un-convicted) monopolist?

Apple said Wednesday that it had agreed to cut the prices on its iTunes digital-music store in Britain to align them with those on the Continent, settling an antitrust case brought by European regulators.

The European Commission accused Apple last spring of unfairly charging British consumers more than their counterparts in the euro zone for tracks from iTunes, the dominant online music vendor. British consumers typically pay 79 pence, or $1.55, a song while iTunes stores in the euro zone charge 99 euro cents, or $1.46.

Business & Technology | Apple settles U.K. antitrust case by agreeing to cut iTunes prices | Seattle Times Newspaper

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