Justice Department Seeks Oversight of Apple's iTunes Store
Punishment Would Include Music, Movies and TV Content Sold on iTunes
WSJ, Updated August 2, 2013, 7:13 p.m. ET
By CHAD BRAY, IAN SHERR and JEFFREY A. TRACHTENBERG
After winning last month an e-books antitrust suit against Apple, the Justice Department on Friday asked a federal judge to limit Apple's influence in the publishing market and give the government oversight of the iTunes Store and App Store.
The government proposals, if accepted, could give music, television-show and content owners more leverage in negotiations with a company that has been an aggressive bargainer in opening up traditional media to digital distribution.
Apple is currently negotiating with owners of video programming about potential new devices and services for the living room. After negotiating with record labels, it recently announced a new music streaming service, iTunes Radio.
The government seeks to prohibit Apple from reaching agreements with media companies that increase the prices at which Apple's rivals sell e-books, music, TV shows or movies.
Apple objected strongly to the proposals, calling them a "draconian and punitive intrusion into Apple's business, wildly out of proportion to any adjudicated wrongdoing or potential harm," in a court filing Friday----
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Well, what do you know? Pretty much a turn around, I think.