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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
09/01/201516:07:15Statement of Changes in Beneficial Ownership (4)
09/01/201513:28:00Faruqi & Faruqi, LLP is Investigating Amazon.com, Inc. (AMZN...
09/01/201509:00:00Amazon Expands Prime Video Downloads to iOS & Android Platforms—The F...
08/27/201514:34:00Google Rebuffs European Union on Antitrust Charges --Update
08/27/201512:50:00Google Rebuffs European Union on Antitrust Charges
08/27/201512:29:00Google Responds to European Union Antitrust Charges
08/27/201509:00:00Amazon Announces the Next Alexa Fund Recipients: Musaic and Rachio
08/26/201521:10:00Amazon Curtails Development of Consumer Devices
08/26/201520:06:00Amazon Curtails Development of Consumer Devices
08/26/201519:35:00Netflix Viewership Finally Gets a Yardstick
08/25/201519:54:00Workers Get New Tools for Airing Their Gripes
08/25/201509:00:00Prime Now, Amazon’s One-Hour Delivery Service, Launches in S...
08/24/201515:42:00Amazon Devices Executive Jon McCormack Leaves to Join Google...
08/24/201500:50:00Intel to Lead $100 Million Investment into Mirantis
08/20/201516:30:00Amazon to Open Fifth Texas Fulfillment Center in San Marcos
08/20/201513:40:00Authors Group Seeks DOJ Probe of Amazon
08/20/201513:37:00Authors Group Seeks DOJ Probe of Amazon
08/19/201509:00:00Amazon.com Unveils the 2015 Big Fall Books
08/18/201519:51:22Statement of Changes in Beneficial Ownership (4)
08/18/201519:50:56Statement of Changes in Beneficial Ownership (4)

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