Amazon ups the ante on iTunes

Amazon yesterday slashed the price of many top-selling downloads in an attempt to grab a bigger slice of the legal music download market, the Guardian reports.

Amazon cut the price of more than 100 tracks to 29p (€0.32). The discounted track include pop, hip-hop, rock, classical and jazz. Amazon, which offers albums from £3 said the reductions would last indefinitely.

Apple, which controls more than of 70% of the legal download market, has just announced price rises for some of its hit tracks would increase while some older songs would be reduced, as part of the company's introduction of variable pricing, the Guardian added.

See Apple faces backlash on tiered iTunes prices