ASCAP settles with Justice.

The music licensing organization has agreed to pay $1.75 million to settle a Justice Department investigation finding that some of their licensing deals had violated long-standing regulatory rules. Justice found that ASCAP had violated terms of its 75-year-old consent decree by entering into about 150 exclusive deals with composers and publishers. According to DOJ Antitrust Division Principal Deputy Assistant Attorney General Renata B. Hesse, “By blocking members’ ability to license their song themselves, ASCAP undermined a critical protection of competition contained in the consent degree.”