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
03/26/201510:30:00The CBS Television Network Earns 2015 Brand of the Year in the...
03/24/201517:20:023 Reasons Sony Corp.'s PlayStation Vue Streaming TV Service Will...
03/24/201506:31:21Wall Street Breakfast: China Growth Worries Surface Again
03/24/201505:00:00Gray Television: Another Shade Of Gray
03/24/201504:31:40NFL experiments with Web TV; suspends blackout rule
03/23/201519:19:42CBS Extends News Chief's Contract Through 2019
03/23/201518:07:22CBS extends news division president Rhodes to 2019
03/23/201517:08:00CBS Announces A New Agreement With David Rhodes, President Of...
03/21/201516:09:02Why Americans Are Giving Up on Cable TV but Not Cutting the Cord
03/20/201517:56:12Street missing CBS growth opportunities, Citigroup analysts say
03/20/201517:04:02Will Apple Inc.'s Streaming TV Efforts Move Ahead Without Comcast...
03/20/201506:30:26Wall Street Breakfast: White House To Unveil Fracking Rules
03/20/201503:01:05Web TV providers seek 'managed services' designation
03/19/201508:39:02How Apple, Inc. Actually Plans to Change TV
03/19/201506:30:42Wall Street Breakfast: Investors Digest Fed's 'Patient-less...
03/18/201517:00:02Can Netflix Stay On Top of the Crowded Streaming Business?
03/18/201508:41:02A Must-Read For Netflix Inc. Investors
03/17/201519:56:22Six Die From Alleged Chlorine-Gas Bomb Attack in Northwest Syria...
03/17/201515:00:00The Rose Family Returns with Second Season of SCHITTâS CREEK
03/17/201506:31:13Wall Street Breakfast: Here Comes Apple's Web TV Service

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