Apple and the United States are due in a New York courtroom on Monday for the first day of the government’s antitrust lawsuit, which accuses Apple and some of the world’s largest publishers of colluding to set prices on e-books.
1. In the case of Apple and five major book publishers, the government claims that collusive behavior led to higher e-book prices for consumers, and the participants are being charged with price-fixing.
Amazon has finally delivered a full defense of its actions against book publisher Hachette. Russ Grandinetti, Amazon's SVP of Kindle content, told the Wall Street Journal that Amazon is acting "in the long-term interest of our customers."
MONTREAL — Quebec’s premier has called it a “terrible and disheartening and sad” situation in the province’s third-largest municipality.
Pauline Marois has commented on her government’s decision to place scandal-plagued Laval under trusteeship.
She has confirmed it will fall under provincial control later today, following a cabinet meeting.
Laval’s former mayor is accused of running the city like a criminal racket and now faces gangsterism charges.
BRUSSELS (Reuters) - EU regulators are open to a settlement with e-book publishers owned by Lagardere , News Corp and three other firms if they offer concessions to resolve competition concerns, the EU's antitrust chief said on Monday. Since last December, the European Commission has been investigating whether the publishers fixed prices with Apple Inc for electronic books, an action that might have blocked rivals such as Amazon and hurt consumers. Lagardere's Hachette Livre unit and News Corp's Harper Collins are being investigated. ...