When Apple moved into the e-book market several years ago, the company colluded with the country’s largest book publishers to fix prices and gain a foothold in the market. Now as Apple jumps into the subscription streaming music business, at least two states are asking whether the company may be repeating itself. [More]
Given that Apple reshaped the music industry with the iPod, it’s still a bit of a surprise that it’s been so far behind the curve on launching its own streaming music service. But a new report claims that Apple is now closing deals that would clear the way for it to stream away, right into users’ ears. [More]
The Politics of Retail: How Money Spent on Consumer Goods And Services Ends Up As Campaign Contributions
When you buy a light bulb at Home Depot or a pair of pants at Walmart, you probably don’t give much thought to the political leanings of said light bulb or said pants. Nevertheless, retail outlets, airlines, electronics manufactures, and record company executives do make campaign contributions, and when they do, we can look it up.
Bronfman said the proposal was without “logic or merit.”—MEGHANN MARCO