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;

Stock News for Cbs (CBS)
04/29/201615:00:00FCC to Sell Maximum Amount in TV Airwave Auction
04/25/201612:44:00Kurt Davis Named Executive Vice President, Affiliate Relations...
04/21/201600:30:00Judge Denies Request in Redstone Lawsuit
04/15/201603:03:00Redstone Won't Testify at Trial -- WSJ
04/14/201619:17:00Redstone Can't Be Deposed in Competency Trial, Judge Rules...
04/13/201603:03:00Email Details Redstone Worries -- WSJ
04/12/201617:20:00Year-Old Email Raises Questions About Sumner Redstone's Condition--Update
04/12/201616:21:00CBS, Turner Strike $8.8 Billion Deal to Televise NCAA's March...
04/12/201616:20:00Email Raises Questions About Redstone's Condition
04/12/201615:48:00Year-Old Email Raises Questions About Sumner Redstone's Condition
04/12/201615:36:00Correction to CBS-Turner Story
04/12/201615:00:00Fans Score All-Access to One of the Biggest Music Sensations...
04/12/201614:40:00CBS, Turner Strike $8.8 Billion Deal to Keep NCAA Men's Basketball...
04/12/201614:31:00CBS, Turner Strike $8.8 Billion Deal to Keep NCAA Men's Basketball...
04/07/201617:00:00Viacom CEO Removed as Redstone Healthcare Agent
04/07/201616:38:00Viacom CEO Removed as Redstone Healthcare Agent
04/06/201602:31:00Redstone Is in Talks To Settle Competency Lawsuit -- WSJ
04/05/201617:50:00Lumber Liquidators Stock Rises After Favorable California Ruling
04/05/201616:30:00Redstone's Team in Settlement Talks in Competency Case -- 2nd...
04/05/201614:12:00Redstone's Team in Settlement Talks in Competency Case -- 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 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations