In sum, Sony issues an album of early, previously unreleased Bob Dylan recordings in order to take advantage of "use it or lose it" provisions under new European Union copyright law, extending protection from 50 to 70 years beginning in 2014.
[New York Times]
The decision overturned a lower court ruling that reusing even the shortest bit of a song infringed on copyright.
Today's order means that sampling of a song melody is prohibited, but a sample that is part of a completely new musical work bearing no resemblance to the original is not infringement.
[Rolling Stone Article.]
Item 2: Apple will eliminate its price discrimination across the EU. Users of iTunes in Britain are charged approximately 9 cents more per download than users in other EU nations that use the Euro currency. In the coming months, users across the EU will be charged a uniform "pan-EU" price per download. However, what this means if the record labels fail to get on board and lower their wholesale prices to Apple is yet to be seen? It seems unlikely that the majors will forfeit the huge market iTunes provides by playing hard-ball and not lowering their prices. Similarly, small and indie labels will likely adjust their prices to maintain their access to their product via a mass-distributor like iTunes.
...so what does this mean to Apple? Are they no longer a "Standard Oil"?