toggle

AAPL Stock: 105.22 ( + 0.39 )

Printed from http://www.macnn.com

Apple working to resolve EC's iTunes claims

updated 10:20 am EST, Tue January 8, 2008

Apple to handle EC claims

Apple is expected to announce steps in the near future to resolve charges from the European Commission, which state that its iTunes Store violates EU law by offering varying pices on a country by country basis. Following the forthcoming announcement, the European Union regulator will likely announce the closure of the case, according to Reuters.

The European Commission announced in early 2007 that Apple had broken EU law by striking a deal with major record labels to restrict cross-country access to its iTunes Store tracks, forcing some European customers to pay more for the same music as their neighboring countries.

The closure of potential fines or further legal action against the Cupertino-based company will strengthen investor confidence and eliminate another potential unexpected decrease in profits.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

  1. Clive

    Joined: Dec 1969

    0

    I think this is wrong

    Differential pricing in different countries doesn't contravene EU regulations/treaties, but preventing EU citizens from buying from the iTunes store in any other EU country does.

    So, while the pricing issue may be the major problem for most people, look out for this to come up again when people realise that they still can't buy items listed on the German iTunes store which aren't listed on the UK iTunes store (the real underlying problem).

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Sound Blaster Roar Bluetooth speaker

There could very well be a new king of the hill for Bluetooth speakers, with Sound Blaster's recent entry into the marketplace. Bring ...

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this ...

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

toggle

Most Commented