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Apple music practices assessed by U.S.: N.Y. Times

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TEL AVIV (MarketWatch) -- Apple Inc.'s AAPL, -4.17% music-business practices are the subject of an informal inquiry by the U.S. Justice Department, The New York Times reported Wednesday. Specifically, the agency is looking at whether the Cupertino, Calif., technology giant, which runs the hugely popular iTunes music library, pressured music publishers not to give Amazon one day of exclusive access to music that's about to be released so the Seattle online retailer AMZN, -1.62% could create marketing promotions around that music, the Times reported. As a broader matter, the inquiry reflects the Obama administration's determination to more carefully assess the technology industry generally, including its practices and deals, the Times reported.

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