Breaking News

Apple introduces AirPods Max 2 COLORFUL Launches the iGame GeForce RTX 50 Ultra Series Creative Launches Sound Blaster Audigy FX Pro Toshiba to Showcase High-Performance AI and Petabyte-Scale Storage Solutions at Cloudfest 2026 The SAMA V62 brings panoramic design to modern PC builds

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Europe begins online music cartel investigation

Europe begins online music cartel investigation

General Interest Oct 15,2001 0

European antitrust officials are looking into a possible cartel in online music distribution involving two recently created joint ventures. However, the probe is at an early stage, a European Commission spokeswoman said Monday. Online subscription services MusicNet and Pressplay are due to launch later this year. MusicNet was formed by AOL Time Warner Inc., Bertelsmann AG, EMI Group PLC and RealNetworks Inc., while Pressplay is backed by Vivendi Universal SA, Sony Music Entertainment Inc. and EMI, which is involved in both services. "The Commission started looking at these joint ventures in April," Commission spokeswoman Amelia Torres said. "The reviews are at a preliminary stage," she said. Torres added that it is "gross speculation" to conclude that the joint ventures will hinder competition. The six-month-old investigations fall under the European Commission's antitrust department's cartel laws, which are designed to prevent combinations of companies from colluding and distorting competition.

Tags: EMI
Previous Post
Pioneer presents the DVD -A06S
Next Post
Plextor Europe announces PX-S88TU

Related Posts

  • Former MP3tunes Chief Loses Music Copyright Case

  • EU Clears Universal-EMI Merger

  • EU Approves Sony's $2.2 Billion Acquisition of EMI

  • Universal, Sony to Buy EMI For $4.1 billion

  • CD sales plunge 20% at EMI

  • YouTube signs Licensing Pact With EMI

  • Apple/EMI to Offer DRM-free Music

  • EMI to Sell DRM-free Songs Online

Latest News

Apple introduces AirPods Max 2
Consumer Electronics

Apple introduces AirPods Max 2

COLORFUL Launches the iGame GeForce RTX 50 Ultra Series
GPUs

COLORFUL Launches the iGame GeForce RTX 50 Ultra Series

Creative Launches Sound Blaster Audigy FX Pro
Consumer Electronics

Creative Launches Sound Blaster Audigy FX Pro

Toshiba to Showcase High-Performance AI and Petabyte-Scale Storage Solutions at Cloudfest 2026
Enterprise & IT

Toshiba to Showcase High-Performance AI and Petabyte-Scale Storage Solutions at Cloudfest 2026

The SAMA V62 brings panoramic design to modern PC builds
Cooling Systems

The SAMA V62 brings panoramic design to modern PC builds

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed