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EU Reaches ITunes Deal With Apple

Hardocp reports on the business practices of apple itunes pricing model:

The European Union says that Apple has agreed to complete scrap its online pricing policies across Europe for its iTunes music downloads in order to comply EU competition rules.

The maker of the popular iPod media players had been under investigation since April by EU authorities after a British consumer group complained that Apple and major record companies were unfairly restricting the choice and ramping up the cost of downloads at the company's European music stores

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