ADVFN - Advanced Financial Network.
HOME» NYSE » C » CBS Stock Price » CBS Stock News

Cbs Share News

 Cbs Corp Stock Price
CBS Stock Price
 Cbs Corp Stock Chart
CBS Stock Chart
 Cbs Corp Stock News
CBS Stock News
 Cbs Corp Company Information
CBS Company Information
 Cbs Corp Stock Trades
CBS Stock Trades

EU Welcomes Proposals From Publishers In E-Books Case

BRUSSELS -(Dow Jones)- The European Union's antitrust watchdog Wednesday welcomed proposed remedies from Apple Inc. (AAPL) and four other publishers following a transatlantic investigation into the way e-books are priced and sold. "In the context of its antitrust investigation into the distribution of e-books, the European Commission has received proposals of possible commitments from Apple and four international publishers," EU Competition Commissioner Joaquin Almunia said. "I welcome the fact that these five companies are making proposals to reach an early resolution of the case, so promptly after we opened proceedings." In December 2011, the commission started investigating how Apple and CBS Corp.'s (CBS) Simon & Schuster, News Corp.'s (NWS) HarperCollins, Lagardere S.C.A.'s (MMB.FR) Hachette, Pearson PLC's (PSO) Penguin Group and Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck GmbH, prices e-books under the so-called agency model. Penguin wasn't among the publishers making the proposals to the Commission. Almunia said the commission is in talks with the companies. "We will assess any final proposals of commitments and we will test them with third parties in order to check whether they are sufficient to preserve competition for the benefit of consumers in this fast-growing market," he said. Earlier Wednesday, the U.S. filed an antitrust against several publishers. Three of them--Simon & Schuster, Harper Collins and Hachette--have reached a settlement with the U.S. Department of Justice. "I am happy that the very close and productive cooperation between the DOJ and the Commission has benefited the investigations on both sides of the Atlantic," Almunia said. News Corp. also owns Dow Jones & Co., publisher of this newswire and The Wall Street Journal. -By Frances Robinson, Dow Jones Newswires; +32 2 741 1486; frances.robinson@dowjones.com

Stock News for Cbs (CBS)
DateTimeHeadline
11/21/201413:58:34Appeals Court Grants TV Programmers Stay in FCC Dispute -- Update
11/21/201413:21:14TV-Streaming Firm Aereo Files for Bankruptcy -- 2nd Update
11/21/201413:10:09Federal Appeals Court Grants TV Programmers Stay in FCC Dispute
11/21/201408:46:13TV-Streaming Firm Aereo Files for Bankruptcy
11/20/201415:42:18CBS News Chief to Step Down, Return to '60 Minutes'
11/02/201404:46:43MARKET SNAPSHOT: Media, Consumer-based Company Earnings To Test...
10/20/201421:20:30Amazon, Simon & Schuster Reach Book Contract
10/20/201409:49:31U.S. Hot Stocks: Hot Stocks to Watch
10/16/201413:20:04CBS Launches Online Subscription Video Service
10/03/201418:39:48U.S. Journalist With Ebola Being Evacuated
09/30/201421:56:17As Astro Would Say, 'Ruh-Roh!'
09/28/201411:58:06Obama Says U.S. Intelligence Underestimated Developments in Syria
09/21/201412:30:25U.S. Says Allies Committed to Joining Airstrikes in Syria: Update
09/21/201412:01:27U.S. Says Allies Committed to Joining Airstrikes in Syria
09/18/201422:11:13The Good Wife' Returns
08/07/201418:45:41Correction to CBS Earnings Story
08/07/201417:20:14CBS Profit Falls on Lower Ad, Licensing Revenue
07/22/201420:56:08ASKWSJD
06/25/201416:40:58MARKET SNAPSHOT: Stocks Rise After Walking Off Downward GDP Revision
06/25/201416:22:52MARKET SNAPSHOT: Stocks Edge Up; CBS, Monsanto Lead S&P

Cbs and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad