Apple to standardize iTunes prices throughout Europe

Apple today announced that within six months it will lower the prices it charges for music on its UK iTunes Store to match the already standardized pricing on iTunes across Europe in Austria, Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Sweden, Switzerland and Spain. The company currently must pay some record labels more to distribute their music in the UK than it pays them to distribute the same music elsewhere in Europe.

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