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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
09/28/201609:40:00The Cheapest Way to Get Alexa: Amazon's New Fire TV Stick
09/28/201609:00:00Introducing the All-New Fire TV Stick with Alexa Voice Remote—The N...
09/28/201609:00:00Amazon Launches Original Kids Series Bookaboo on October 28 on...
09/28/201607:08:00Today's Top Supply Chain and Logistics News From WSJ
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09/27/201609:00:00Amazon Studios Greenlights Three New Series for Prime Video
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09/26/201609:50:00Roku Reboots Streaming Video Lineup With Cheap HD and High-End...
09/26/201607:45:53FBEC Worldwide, Inc. Announces WolfShot™ has Been Received b...
09/25/201621:50:00Apple Goes Without a Lobby Into European Fray
09/25/201615:32:00Apple to Battle EU Regulator Without Usual Lobbying Army
09/23/201617:40:00UPS Uses Drone to Deliver Package to Boston-Area Island
09/23/201616:10:41Statement of Changes in Beneficial Ownership (4)
09/23/201608:08:00BizWireTV Video News: Innovative Security Tech with Live Face...
09/22/201611:00:00Cisco, Salesforce Announce Cloud Integration
09/22/201605:00:00Handmade at Amazon Expands into Europe
09/21/201603:03:00Streaming Props Record Labels -- WSJ

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