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Friday, February 18, 2011

Regulators Eye New Apple Subscription Service

Regulators Eye New Apple Subscription Service

"NEW YORK - U.S. regulators are looking at the terms that Apple unveiled earlier this week for a new digital subscription system for content companies to gauge possible antitrust concerns, the Wall Street Journal reported.
The tech giant had said it will take a 30 percent commission for subscriptions garnered by thenew system in its App Store - which doesn't apply if a content partner itself brings in the subscriber - and said content companies must offer equal or better digital subscription terms to Apple customers than they do elsewhere. Apple is also prohibiting media companies' apps from linking to stores outside of its own app store." 

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