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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
01/19/201709:00:00Amazon.com to Webcast Fourth Quarter 2016 Financial Results Conference...
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01/19/201708:36:00EU Says Amazon, Apple End Exclusivity Obligations for Audiobooks...
01/19/201707:12:00Today's Top Supply Chain and Logistics News From WSJ
01/18/201716:05:00Amazon Announces Ninth Fulfillment Center in Texas; New Robotics...
01/18/201709:00:00Amazon Acquires Grateful Dead Documentary Long Strange Trip from...
01/18/201706:58:00Today's Top Supply Chain and Logistics News From WSJ
01/17/201721:16:00Amazon to Open New Fulfillment Center in Maryland
01/17/201709:00:00Arianna Huffington Writes and Performs Goodnight Smartphone for...
01/13/201708:08:00Big Reveals at the North American International Auto Show and...
01/12/201722:15:00Amazon's Hiring Plans Are Welcome
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01/12/201711:47:00Amazon Touts Plan to Create More Than 100,000 Full-Time Jobs...
01/12/201710:35:00Amazon to Create More Than 100,000 Full-Time Jobs in U.S.
01/12/201709:00:00Audible Releases Ponzi Supernova, an Original Series Shedding...
01/12/201709:00:00Amazon to Create More Than 100,000 New, Full-Time, Full-Benefit...
01/12/201703:03:00QVC's Strength Ebbs As Web Retail Booms -- WSJ
01/11/201714:27:00Amazon to Pay Fine Related to Pricing Practices in Canada
01/11/201708:00:00IMDb Heads to the 2017 Sundance Film Festival with Kevin Smith...
01/11/201707:29:00Amazon to Launch Credit Card for Prime Members

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