macnn/ipodnn
01/08/2008, 10:20am, EST
Tuesday, January 8th
Apple working to resolve EC's iTunes 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.
Filed under: Apple
Other story tags: European Commission, Europe, UKiTunes
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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).