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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
08/13/201416:21:30MARKET SNAPSHOT: U.S. Stocks Push Higher; Biotechs Rally
08/13/201412:25:46MARKET SNAPSHOT: U.S. Stocks Push Higher; Amazon.com Climbs
08/13/201411:46:34MARKET SNAPSHOT: U.S. Stocks Push Higher; Dow Up 100 Points
08/13/201409:47:19U.S. Hot Stocks: Hot Stocks to Watch
08/12/201416:47:33TECH STOCKS: Twitter Among Few Gainers In Weak Tech Session
08/11/201417:10:47TECH STOCKS: Priceline Among Gainers As Tech Stocks Rally
08/11/201415:47:19Dispute Erupts Between Amazon and Disney
08/08/201416:35:08TECH STOCKS: Nvidia's Gains Stand Out Among Tech Stocks
08/07/201417:20:32TECH STOCKS: Tech Sector Ends Day In The Red
08/07/201411:55:38TECH STOCKS: Tech Stocks Try To Cling To Early Gains
08/07/201411:43:08MARKET SNAPSHOT: U.S. Stocks Erase Gains; 21st Century Fox Rallies
08/07/201409:55:10MARKET SNAPSHOT: U.S. Stocks Open Higher: 21st Century Fox Rallies
08/07/201409:14:06MARKET SNAPSHOT: U.S. Stocks: Futures Higher; Jobless Claims...
08/06/201416:46:17TECH STOCKS: Groupon, Sprint Losses Stand Out Among Tech
08/06/201410:46:39TECH STOCKS: Groupon Slumps After Earnings
08/06/201408:00:12Amazon Expands Same-Day Delivery to Six More Cities
08/06/201407:36:17Amazon.com Expands Same-Day Delivery to Six More Metro Areas
08/05/201411:29:49TECH STOCKS: Tech Stocks Trying To Shake Off Losses
08/04/201416:34:55TECH STOCKS: Groupon Is Big Tech Gainer Ahead Of Earnings
07/31/201416:51:08TECH STOCKS: Yelp, 3D Systems Stand Out As Tech Stocks Slump

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