Monday, March 06, 2006

More Monopolistics

Remember I posted about Apple's monopolistic behavior?

Well it seems that the Justice Department is launching an investigation of the music industry for wholesale price fixing.

The US Department of Justice is investigating allegations of price fixing by top music labels on their charges for digital downloading.

The inquiry mirrors an ongoing probe by New York attorney general Eliot Spitzer into what the industry charges firms such as Apple to sell music online.

Labels have been at loggerheads with Apple over what it charges for tracks sold through its iTunes online service."

I'm unclear whether the accusation is of colluding with Apple and others, or conspiring against Apple and others. Either way, it'll be interesting - and, as usual, Elliot Spitzer is two years ahead of the game. Spitzer in '06!


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