updated 05:50 pm EDT, Tue April 3, 2007
Apple denies EU claims
Apple has denied claims that it breached European Union laws regarding the pricing of songs on its iTunes Store, following a 'statement of objections' that was sent to the Cupertino-based company as well as several unnamed major music labels -- which are believed to be the "big four" known as EMI Group, Warner Music Group, Universal Music Group, and Sony BMG. "We don't believe Apple did anything to violate EU law," Apple said. "We will continue to work with the EU to resolve this matter," the company added. The Financial Times reports that the big four record labels are understood to be included in the antitrust probe. The primary argument behind the probe centers around the fact that consumers are limited to purchasing music from the local iTunes site in their own country, which effectively limits consumer choice of where to buy tracks and what music is available at a given price, according to AFX.