Apple: U.S. e-book lawsuit "fundamentally flawed"

(Reuters) - Apple Inc has rejected the U.S.

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.

Internet search giant Google is poised to avoid a major federal antitrust lawsuit after a nearly two-year government investigation into its Web search practices, Bloomberg reported late Wednesday. The agreement, which was expected, will conclude the Federal Trade Commission’s probe into whether Google has used its search market power to unfairly harm rivals. A group of Google’s competitors, including Microsoft and Yelp, have been lobbying the government for several years in an effort to prod federal officials to go after the search giant on antitrust grounds.

Internet search giant Google is poised to avoid a major federal antitrust lawsuit after a nearly two-year government investigation into its Web search practices, Bloomberg reported late Wednesday. The agreement, which was expected, will conclude the Federal Trade Commission’s probe into whether Google has used its search market power to unfairly harm rivals. A group of Google’s competitors, including Microsoft and Yelp, have been lobbying the government for several years in an effort to prod federal officials to go after the search giant on antitrust grounds.

By Little Apple:The United States Government has filed an anti-trust lawsuit against Apple (AAPL) and several publishers:

With all the recent chatter about an overhaul and dismantling of Too Big To Fail banks (spoiler alert: it will never happen, but it will take a lot of theater before that is made quite clear) many can be excused for believing the balance of power has shifted away from the megabanks (and their tens of trillions in over the counter derivative "weapons of mass financial destruction" so ably facilitating the Stockholm Syndrome of global mutual assured destruction with each passing day) and in the favor of the people, represented by the legislative (the same people who are multi-million

With the clock ticking down until a crucial Federal Trade Commission vote over whether to sue Google for antitrust violations, the search giant’s CEO Larry Page met with federal officials in Washington, D.C., on Tuesday. The meeting, which was first reported by Bloomberg, came one day after a powerful U.S. Senator sent a letter to the FTC expressing concern about the way the agency has been conducting its investigation. The FTC is wrapping up a nearly two-year investigation into whether Google has used its search market power to unfairly harm rival companies.

NEW YORK (AP) -- The U.S. government has filed an antitrust lawsuit in New York against Apple Inc. and various major book publishers. It claims the publishers conspired with Apple to raise retail electronic-book prices to limit competition....