US Justice Dept Probes Online Music Ventures
The Justice Department opened an antitrust investigation of the online music business, focusing on two new joint ventures backed by five major record labels, the Wall Street Journal reported in its online edition on Monday. The probe, which is in a preliminary stage, is looking into possible anti-competitive problems posed by the joint ventures, lawyers close to the case said Friday, according to the report. The government is also expected to examine the major record companies’ use of copyright rules and licensing practices to control online distribution of their music, according to these people, the report said. The rival joint… Read more »