Sony Music, 3 others file suits against FTC order
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Sony Music Entertainment Inc has asked the Tokyo High Court to rescind the Japanese antimonopoly regulator’s order against Sony Music and three other firms on mobile phone-ringtone music download services.
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The Fair Trade Commission in late July ordered the four music companies under the Antimonopoly Law to stop exclusively supplying their songs to a mobile ringtone provider jointly set up by the companies.
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The music and entertainment arm of Sony Corp argues the FTC’s allegation that the music firms blocked new entrants in the business were groundless.
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The other three firms — Avex Network Inc, Victor Entertainment Inc and the Universal Music Group — have launched similar suits.
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