It's hard not to take pleasure in this: Music moguls trumped by Steve Jobs?
Music labels are apparently increasingly worried over the price setting power Apple has gotten by virtue of controlling around 70% of the music download market.
Considering this is a group that has gained it's power mainly by brutally squashing competition and using their influence over media to make it near impossible to get major traction for artists outside their systems, it's about time they get to taste their own medicien.