Investigation into Online Music Price Fixing?
Apple's 'Surprise and Shine' iPhone Event: Follow along
with our live blog.
MSNBC reports that the U.S. Justice Department has launched an inquiry into possible price fixing in online music download industry.
According to the article, the Justice Department has already issued two subpoenas with more in the works. A spokesperson for the Justice Department commented on their actions:
"The antitrust division is looking at the possibility of anticompetitive practices in the music download industry"
While details are scarce, the investigation may somehow be connected to Apple's re-negotiations with the record industry. Apple's previous terms with the record labels reportedly run out in "early 2006".
Popular Stories
Apple's biggest event of the year is almost here, and all eyes are on Cupertino. With the first foldable iPhone expected to headline Apple's "Surprise and Shine" event on Wednesday, September 9, at 10:00 a.m. Pacific Time, the rumor mill has been running full throttle, fuelled by the biggest single design change in the life of the iPhone.
To get you up to speed, here's a quick reference...
Apple is set to unveil new iPhone 18 Pro and iPhone 18 Pro Max models on Wednesday, September 9, and the devices are expected to feature a design that's largely similar to the iPhone 17 Pro models, with a peppering of enhancements inside. Major changes are not expected until next year, when Apple is expected to introduce a radically redesigned 20th-anniversary iPhone.
If you're thinking of...
Apple's "Surprise and Shine" event kicks off today at 10:00 a.m. Pacific Time, where we're expecting to see the foldable iPhone Duo, the iPhone 18 Pro and Pro Max, Apple Watch Series 12 and Ultra 4 models, new AirPods 5 earphones, and perhaps some other announcements.
Apple is providing a live video stream on its website, on YouTube, and in the company's TV app across various platforms. We...
