Apple to lower prices of UK iTunes

Just as we heard yesterday, Apple has reached an agreement to standardize pricing across Europe. This in response to EU (and UK) concerns over Apple (and the record labels) engaging in anti-competitive pricing for music offered over iTunes. The move brings UK prices down to match the already standardized pricing found in Austria, Belgium, Denmark, Germany, Finland, France, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Sweden, Switzerland and Spain. A savings of about 10%. The rub? We'll have to wait up to 6 months for the change to go into effect.

[Thanks to everyone who sent this in]