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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
03/27/201706:40:00Today's Top Supply Chain and Logistics News From WSJ
03/26/201709:11:00The High-Speed Trading Behind Your Amazon Purchase
03/24/201705:59:00With Niche Sites, Wal-Mart Tries Selling to Hipsters
03/24/201703:02:00Amazon Defeats IRS in Tax Case -- WSJ
03/24/201701:00:00New Alcatel A30 and Moto G5 Plus Join Lineup of Best-Selling...
03/23/201718:00:00Amazon Defeats IRS in Tax-Court Case -- 3rd Update
03/23/201717:45:00Amazon Defeats IRS in Tax-Court Case -- 2nd Update
03/23/201717:37:00Amazon Defeats IRS in Tax-Court Case -- Update
03/23/201716:18:00Amazon Defeats IRS in Tax-Court Case
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03/22/201706:00:00Prime Now Introduces One-Hour Delivery to Milwaukee
03/21/201706:00:00Alexa, Order from Prime Now!
03/20/201714:57:00Holiday Update, TNT Express Impact in Focus When FedEx Reports...
03/20/201706:02:00Taptica Fiscal Year Pretax Profit Rises, Sees Strong 2017--Update
03/17/201717:17:03Current Report Filing (8-k)
03/17/201709:00:00Amazon Extends Deal with A24, Brings Moonlight, Winner of Three...
03/16/201709:00:00Amazon Thanks Customers for #1 Ranking in American Customer Satisfaction...
03/16/201709:00:00Amazon Prime Video Premieres Academy Award-Winning Manchester...
03/16/201707:15:00Today's Top Supply Chain and Logistics News From WSJ
03/16/201706:46:00EU Antitrust Chief Considers Tougher Line on Automated Pricing...

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