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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
02/08/201606:00:00Love is in the Air in Alexandria — Amazon.com Releases the T...
02/05/201617:03:00Online Retailers Find Stores Bring Customers to Web
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02/04/201609:00:00“Alexa, Play Spotify”: Spotify Now Available on Amazon Echo
02/02/201619:10:00Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO...
02/02/201617:54:00Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO...
02/02/201617:49:00Correction to article about Amazon plans for more bookstores
02/02/201617:40:00Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO...
02/02/201617:11:00Amazon Plans Hundreds of Brick-and-Mortar Bookstores, Mall CEO...
02/02/201612:50:00Barnes & Noble to Test Personalized Children's Books
02/02/201608:00:00“With Math I Can” Initiative Unveiled to Change Student Mindsets abo...
02/01/201620:49:00When It Comes to Tech Services, 'Cloud' Can Be a Nebulous Term
02/01/201617:40:00Mattel Says Barbie Sales Edge Higher
02/01/201609:00:00Amazon Inks Production Deal with Mattel, Inc. to Greenlight American...
01/31/201619:40:00Time Warner Talks With Hulu Zero in on Current Seasons
01/29/201606:00:00Watch the latest BizWireTV from Business Wire
01/29/201603:02:00Amazon Dashes High Expectations
01/28/201617:00:00Amazon Reports Best Quarterly Profit Ever
01/28/201616:28:55Current Report Filing (8-k)
01/28/201616:01:00Amazon.com Announces Fourth Quarter Sales up 22% to $35.7 Billion

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