U.S. accuses Apple, publishers of e-book price fixing
<p><a href="http://uk.news.yahoo.com/u-accuses-apple-publishers-e-book-price-fixing-143658970.html"><img src="http://l.yimg.com/bt/api/res/1.2/PaJW59xob8rcsinMB_BBDA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-04-11T143658Z_1_CBRE83A14LW00_RTROPTP_2_CHINA.JPG" width="130" height="86" alt="A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai" align="left" title="A man looks at his Apple iPad in front an Apple logo outside an Apple store in downtown Shanghai" border="0" /></a>(Reuters) - Apple Inc and several major publishers were accused by the U.S. government of conspiring to fix prices of e-books and limit retail price competition, according to a lawsuit filed on Wednesday. "Apple facilitated the publisher defendants' collective effort to end retail price competition by coordinating their transition to an agency model across all retailers," according to the complaint, filed in Manhattan federal court by the anti-trust division of the U.S. Department of Justice. ...</p><br clear="all"/>
Click here to read the rest of this article.
Add to:
del.cio.us,
Digg,
Yahoo!,
Google
Other articles in the Business news section
- Analysis - Oil saving win-win drives... 35 minutes ago
By Daniel Fineren DUBAI (Reuters) - A slide in solar power costs and a surge in oil prices over the last few years has made solar power a win-win strategy for Saudi Arabia: saving billions of dollars ...more
- Egyptian factories, hit by subsidy cuts... 38 minutes ago
By Asma Alsharif AL-SAFF, Egypt (Reuters) - Hundreds of soot-stained factory chimneys dot the horizon in the industrial city of al-Saff, south of Cairo, but only a few spew black smoke. Two years after ...more
- Fallout spreads in Hong Kong over shut... 49 minutes ago
HONG KONG (Reuters) - A close political ally of Hong Kong's chief executive has vowed to cooperate with an investigation into the shuttered Hong Kong Mercantile Exchange after the city's financial watchdog said it had alerted the police to "serious irregularities". Exchange chairman Barry Cheung has also taken leave of absence from several high-profile public positions as police look into the futures platform. He has not been directly named as part of the probe. ... ...more
- Clearwire recommends vote for revised... 1 hours ago
NEW YORK (Reuters) - Clearwire Corp said on Wednesday its special committee and its board of directors approved majority shareholder Sprint Nextel Corp's revised offer to take over the company and ...more
- Analysis - Rich country investors returning... 1 hours ago
By Natsuko Waki LONDON (Reuters) - The world's biggest investors may be rethinking 20 years of boosting overseas holdings and are instead seeking more stable cash income at home, as aging societies and tighter regulation dull risk appetite. This heralds a structural shift toward investments that produce long-term income in advanced economies, home to two thirds of the money held by insurers and pension funds - some $55 trillion. ... ...more
- Credit rating firms sow doubt on euro... 2 hours ago
By Marius Zaharia LONDON (Reuters) - Credit rating firms say they could further downgrade the ratings of highly indebted euro zone countries, putting their bonds at risk of being pitched out of global indexes and reversing a fall in their borrowing costs. The view from the rating firms contrasts with the sanguine attitude of investors who, flush with central bank cash and reassured by the European Central Bank's promise to take whatever measures are necessary to safeguard the common currency, have... ...more
