Justice Dept. Closes Net Music Antitrust Scrutiny

After more than two years of quiet investigation, the U.S. Department of Justice said Tuesday that it is closing its antitrust scrutiny of the major record labels’ online activities, without filing charges.

When originally revealed in mid-2001, the regulators’ investigation was said to be focused on the MusicNet and Pressplay online-music joint ventures and the possibility that the record labels were colluding to favor their own affiliated services at the expense of potential rivals.

But in a statement Tuesday, antitrust regulators said they had found no evidence that the labels had crossed any legal lines.

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