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
12/09/201612:00:00CBS Corporation to Report Fourth Quarter and Full Year 2016 Results...
12/02/201603:02:00CBS All Access to Stream NFL Games -- WSJ
12/01/201620:10:00FCC to Pay Less for Airwaves as Auction Moves to Third Round
12/01/201617:00:00CBS All Access Secures Rights to Stream NFL Games
12/01/201616:46:00CBS All Access Secures Rights to Stream NFL Games
11/30/201614:39:00Grant Tinker, Former NBC Chairman, Is Dead at 90
11/28/201617:52:00NFL Denies Plans to Scuttle 'Thursday Night Football'
11/28/201610:35:00CBS Corporation Chairman And Chief Executive Officer Leslie Moonves...
11/22/201610:28:00CBS Corporation Announces Quarterly Dividend
11/22/201604:00:00Trump Calls for List of Day-One Executive Actions
11/21/201615:40:00Amazon Explores Rights for Live Sports Packages on Prime
11/21/201614:00:00Donald Trump to Meet With Television News Executives
11/21/201603:00:00Romney Is Under 'Active Consideration' to Be Secretary of State
11/15/201613:20:00Viacom to Buy Argentina's Telefe for $345 million
11/15/201613:07:00Viacom to Buy Argentina's Telefe for $345 Million
11/13/201620:30:00Redstone Family's Next Generation Takes On Bigger Roles
11/10/201622:20:00Shari Redstone Sees Scale in Potential Viacom-CBS Merger
11/10/201619:28:00Shari Redstone Sees Scale in Potential Viacom-CBS Merger
11/10/201603:03:00Networks, Box Office Take Toll On Viacom -- WSJ
11/10/201600:52:00Viacom Profit Falls as Its Networks, Movies Slump -- Update

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US