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Apple Says Government's E-Book Pricing Suit 'Fundamentally Flawed' -Reuters

DOW JONES NEWSWIRES Apple Inc. (AAPL) said in a court filing that the U.S. government's lawsuit against the company concerning e-book pricing is "fundamentally flawed," Reuters reported Wednesday. Last month, the government sued Apple and five e-book publishers, alleging they conspired to raise prices and block Amazon.com Inc. (AMZN) from selling e-books at $9.99. Three publishers settled the suit. Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH (VGH.YY), and Pearson PLC's (PSON.LN) Penguin Group declined to join the settlement. Apple said in the filing that the government incorrectly characterized a comment about the e-book market attributed to Steve Jobs, Reuters reported. The company said: "Apple's entry into e-book distribution is classic procompetitive conduct," Reuters reported. Full story at http://www.reuters.com/article/2012/05/23/apple-ebooks-idUSL1E8GND3220120523 -Dow Jones Newswires; 212-416-2900

Stock News for Amazon.com (AMZN)
DateTimeHeadline
10/24/201414:11:10MARKET SNAPSHOT: U.S. Stocks Rise, Staged For Weekly Gain
10/24/201412:29:28European Markets Show Signs of Stress--2nd Update
10/24/201412:00:18TECH STOCKS: Microsoft Gains Help Lead Tech's Advance
10/24/201411:10:04MARKET SNAPSHOT: U.S. Stocks Wobble, Stay On Pace For Big Weekly...
10/24/201410:08:32MARKET SNAPSHOT: U.S. Stocks Edge Up, On Pace For Big Weekly...
10/24/201409:33:45U.S. Hot Stocks: Hot Stocks to Watch
10/24/201408:32:34MARKET SNAPSHOT: U.S. Stocks: Futures Fall After N.Y.C. Ebola...
10/24/201407:03:51MARKET SNAPSHOT: U.S. Stocks: Futures Slips After NY Ebola News;...
10/24/201406:20:08European Markets Show Signs of Stress
10/24/201406:10:36European Markets Show Signs of Stress--Update
10/24/201405:52:20MARKET SNAPSHOT: U.S. Stocks: Futures Slip; P&G, Ford Results...
10/23/201419:18:44Correction on Amazon Earnings Story
10/23/201417:35:26U.S. Web Firms' Expansion Leaves Germans Conflicted
10/23/201416:50:48MARKET SNAPSHOT: Dow Rises 217 Points As U.S. Stocks Notch Solid...
10/23/201415:45:11MARKET SNAPSHOT: U.S. Stocks Surge; Industrials Rally
10/23/201414:34:34Amazon to Launch Web Hosting in Germany-- 2nd Update
10/23/201412:24:05Amazon to Launch Web Hosting in Germany--Update
10/23/201411:41:10Amazon to Launch Web Hosting in Germany
10/23/201411:10:27TECH STOCKS: Tech Stocks Rise Ahead Of Microsoft, Amazon Earnings
10/23/201410:31:55Amazon Looking at Bigger Loss--Earnings Preview

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