E.U. charges Apple, record companies on iTunes sales

April 2nd, 2007

“The European Commission has sent formal charges to major record companies and Apple, alleging they are restricting music sales in Europe, a Commission spokesman said on Monday. Agreements between Apple and the record companies violate the European Union’s rules that prohibit restrictive business practices, according to the spokesman. “Consumers can only buy music from the iTunes online stores in their country of residence and are therefore restricted in their choice of where to buy music, and consequently what music is available and at what price,” said Jonathan Todd, European Commission spokesman. Apple said it wanted to offer a pan-European store but was hemmed in by the music companies’ demands…” (Read full article here)

Entry Filed under: World & Business, e-Life