Regulators on both sides of the Atlantic are taking an interest in Apple’s new subscription rules. The Wall Street Journal reports that ‘antitrust enforcers’ at the US Justice Department and Federal Trade Commission have begun looking into the new terms, although it stresses that this interest is at a preliminary stage. A spokesperson for the European Commission tells the WSJ that the EC is also “carefully monitoring the situation”, while Deezer president Axel Dauchez is convinced that the new system “is so obviously anticompetitive that it will never survive in Europe”. The Financial Times has more reaction, with Rdio CEO Drew Larner describing “an untenable situation” under the new rules, while an unnamed VC investor in one music subscription service says “It’s terrible news for all subscription services. It’s a huge tax… Another 30% will kill the economics.”
Tools: platforms to help you reach new audiences
Tools :: Wyng
Through Music Ally’s internal marketing campaign tracking, we’ve recently discovered an interesting website by the…