Apple And Labels Close To Resolving European iTunes Country Pricing Case; No Fines


Updated below: Apple (NSDQ: AAPL) is close to coming to an agreement with European Commission on charges that its iTunes stores broke EU rules by setting prices country by country in Europe, reports Reuters (NSDQ: RTRSY), citing sources. It is supposed to make some changes in pricing in its European services, and after that, EC will close its long-running case against the company. Not sure whether the changes from Apple would involve any money settlement…earlier reports pegged the fine may be as high as $600 million. More details when they come out…

The commission in April sent a

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