Breaking News

Sony Expands Its Turntable Lineup with New Wireless Models ENDORFY introduces Atlas Electric desks Sony Unveils LinkBuds Clip Open Earbuds be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router

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

Sony Expands Its Turntable Lineup with New Wireless Models
Consumer Electronics

Sony Expands Its Turntable Lineup with New Wireless Models

ENDORFY introduces Atlas Electric desks
Gadgets

ENDORFY introduces Atlas Electric desks

Sony Unveils LinkBuds Clip Open Earbuds
Consumer Electronics

Sony Unveils LinkBuds Clip Open Earbuds

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym
Gaming

be quiet! enters high-end gaming mouse market with Dark Perk Ergo and Dark Perk Sym

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router
Enterprise & IT

ASUS ROG announces ROG Strix GS-BE7200 Dual-Band WiFi 7 Gaming Router

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

Soundpeats Pop Clip

Soundpeats Pop Clip

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

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