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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[The Justice Department helps Apple (AAPL)]]></title><link>http://www.bloggingstocks.com/2008/02/08/the-justice-department-helps-apple-aapl/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/02/08/the-justice-department-helps-apple-aapl/</guid><comments>http://www.bloggingstocks.com/2008/02/08/the-justice-department-helps-apple-aapl/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/deals/" rel="tag">Deals</a>, <a href="http://www.bloggingstocks.com/category/launches/" rel="tag">Launches</a>, <a href="http://www.bloggingstocks.com/category/law/" rel="tag">Law</a>, <a href="http://www.bloggingstocks.com/category/consumer-experience/" rel="tag">Consumer Experience</a>, <a href="http://www.bloggingstocks.com/category/competitive-strategy/" rel="tag">Competitive Strategy</a>, <a href="http://www.bloggingstocks.com/category/aapl/" rel="tag">Apple Inc (AAPL)</a></p><p><img vspace="4" hspace="4" border="1" align="right" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/02/apple.jpg"  alt="" />There is no justice for the big record labels. <a href="http://finance.aol.com/quotes/apple-inc/aapl/nas">Apple</a> (NASDAQ:<a href="http://finance.aol.com/quotes/apple-inc/aapl/nas">AAPL</a>) dominates the music download business and pays the music publishers a modest fee. Since Apple controls most of the digital music business, what can the publishers do?</p>
<p>Universal Music has proposed creating a project called Total Music which would pull together the big music publishers including Sony BMG and <a href="http://finance.aol.com/quotes/warner-music-group-corp/wmg/nys">Warner Music</a> (NYSE:<a href="http://finance.aol.com/quotes/warner-music-group-corp/wmg/nys">WMG</a>). The Justice Department has decided to look into that. Perhaps it thinks of the new project as a monopoly. </p>
<p><a href="http://online.wsj.com/article/SB120242326700051833.html?mod=hps_us_at_glance_mm">According to</a> <em>The Wall Street Journal, "</em>Universal and Sony BMG Music Entertainment, the No. 1 and No. 2 music companies world-wide by market share, have gotten letters of inquiry from the Justice Department."</p>
<p>It is an example of where the law is perverse and justice is not served. Apple has a de facto lock on the digital music industry and can set prices almost at will. No one sees the Justice Department going after the company.<br /></p>
<p><em>Douglas A. McIntyre is an editor at </em><em>247wallst.com. </em></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/02/08/the-justice-department-helps-apple-aapl/">The Justice Department helps Apple (AAPL)</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Fri, 08 Feb 2008 05:19:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://online.wsj.com/article/SB120242326700051833.html?mod=hps_us_at_glance_mm>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/02/08/the-justice-department-helps-apple-aapl/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1109966/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/02/08/the-justice-department-helps-apple-aapl/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>aapl</category><category>inthenews</category><category>Waner Music</category><category>WanerMusic</category><category>WMG</category><dc:creator><![CDATA[Douglas McIntyre]]></dc:creator><pubDate>Fri, 08 Feb 2008 05:19:00 EST</pubDate></item></channel></rss>
