Apple received “some good news this week when a California appeals court ruled that a music rights management system known as FairPlay did not break antitrust laws,” Jeff John Roberts reports for GigaOM.

“The ruling comes in response to a long-running class action suit that claimed Apple’s iTunes store was an illegal monopoly because songs bought in the store could only be played on Apple’s iPod music player,” Roberts reports. “After Apple imposed the digital rights management system, its share of the digital music and player market rose to 99 percent by 2004, according to the decision.”

Roberts reports, “Despite the commanding market share, a three-judge panel affirmed that Apple did not break antitrust laws, in part because it maintained prices at 99 cents before and after the introduction of the DRM system.”

Read more in the full article here.

MacDailyNews Take: That’s why they named it “FairPlay.”

[Thanks to MacDailyNews Readers "Brawndo Drinker" and "Lynn Weiler" for the heads up.]