Visions of an online music cartel?
U.S. law often comes down hard on price fixing. That's why a magazine story in October about efforts to create a music subscription site potentially backed by the top four music labels may have sounded alarms in Washington.
Universal Music Group and Sony BMG Music Entertainment have received requests for information from the U.S. Department of Justice about a proposed music site called Total Music. The DOJ interest comes after an October BusinessWeek story that said Doug Morris, Universal's CEO, pitched an idea for a subscription site to at least two of his three main competitors, … Read more