Home RSS

Connecticut Attorney General probes Apple, Amazon over e-books

Yahoo! Finance 08/02/2010 15:07
Connecticut Attorney General probes Apple, Amazon over e-books - USA - Business - Connecticut - Apple - Amazon - Richard Blumenthal - law


Connecticut Attorney General Richard Blumenthal is investigating deals struck by Amazon.com Inc and Apple Inc to offer low prices on electronic books, saying the agreements may block rivals from providing attractive pricing.



Earlier this year, Amazon and Apple worked out a "most favored nations" deal with major publishers, ensuring rival booksellers would not be able to work out an even lower price, Blumenthal said.

He cited leading publishers such as Macmillan, Simon & Schuster, Hachette, HarperCollins and Penguin. Blumenthal sent letters to Amazon and Apple asking to meet with their officials to address the concerns.

"The e-book market is set to explode -- with analysts predicting that e-book readers will be among the holiday season's biggest electronics gifts -- warranting prompt review of the potential anti-consumer impacts," Blumenthal said in a statement. "This restriction blocks cheaper and competitive prices for consumers."

Amazon and Apple are competing fiercely in the e-book market, alongside national retail chains such as Barnes & Noble Inc and Borders Group Inc.


Source


Add your comment Send Print Report

USA Business Connecticut Apple Amazon Richard Blumenthal law

Home Page | Business
More From Business
Europe Markets Seen Rising Despite Tepid EU SummitMorgan Stanley, others make $100 million profit on Facebook trades: WSJFacebook sale glitch embarrassing, says NasdaqCash-strapped G8 looks to private sector in hunger fightCalifornia expects Facebook boostFacebook's Saverin says he's not dodging taxesGerman minister rules out new talks on Greek aidCentral Bankers Now Talking Publicly of Greek ExitSpain takes over bank to fight crisisMobile Growth May Negatively Affect Facebook RevenueNews Corp profit beats forecasts on cable, moviesFed’s Evans Says US Jobless Rate May RiseBank of America told Fed it could sell branches in emergency: sourceStandard & Poor's Cuts Credit Ratings for Nine Euro Zone NationsNY Fed mulls sale of $7 bln of AIG bonds-BloombergFuture Publishing sells New York operation for $3mUS seeking to 'close down' Iran central bankUK tabloid owner says hacking probe damaging newspapersDelta eyes American Airlines bidU.S. Debt Nears $15.194 Trillion Ceiling
Categories
Top Stories NYC News New York State National World News Business Sports Technology Law & Crime Arts & Entertainment New York City Guide Shopping Living in NYC Lifestyle Oddly Enough Travel Science & Health Education Real Estate Opinion Picture Of The Day Video
Newsletter
Get each new article from
New York

Your email:
Latest
No need to panic over new calcium heart attack research, say British Heart FoundationSupport for same-sex marriage hits high of 53%Yahoo unveils slick new 'search browser'The world's longest flightsShareholders sue Facebook, NYSE comes callingEurope Markets Seen Rising Despite Tepid EU Summit6 injured as fire crews battle blaze on nuclear-powered submarine at Maine shipyardDetailed, 'engaged' Iran nuclear talks enter 2nd dayEager Egyptians hold landmark presidential voteUN no longer 'fit for purpose' after Syria, says Amnesty
Embed in your website
Tags
Popular
New York cops bust 45 in 'Supreme Team' drug crackdownNew York Tattoo Convention lands at Roseland Ballroom with up to 200 artistsREVEALED: A look inside Britain's most exclusive apartment block as £65m flat at One Hyde Park goes up for saleSenators take aim at Facebook co-founder, who will skip taxes by renouncing citizenshipNew York City Plans to Offer Buyouts to Idled TeachersBeastie Boys' Adam Yauch Honored by New York Senate$90M midtown penthouse tops mark for priciest New York City apartmentPopular Antibiotic May Raise Risk of Sudden DeathDonna Summer, Disco Queen, Dead at 63California expects Facebook boost
Comments
God help us get integrity back in our government..appalling! We his salary to preach this?! idiots Get out! I'M SICK OF THESE UNGRATEFUL EMPTY HEADS WITH SH-T FOR BRAINS hello people Georgia and Idiod congresscritters how stupid can one be? justice...
Weather
Click for New York, New York Forecast 
Special Offers
New York Luxury Hotel in Times Square Welcomes New Year's Eve Partiers With Celebrations and Accommodations The Benjamin Celebrates 10 Years of the Perfect Night's Sleep with Special Anniversary Package Introducing The Live Nation Club Passport: See Unlimited Club Shows for Remainder of 2009 Just $49.99, All-In, No Fees Alaska Airlines and Horizon Air Offer 'Mystery Discounts' It's Promotional Day from Boar's Head at Yankee Stadium Chick-fil-A Kicks Off 2009 College Football Season with FREE Chicken Sandwich Giveaway, Interactive Website for Fans Lady Of America Continues To Help Women Who Want To Exercise During Stressful Times Chong Hing Jewelers, an Authorized Dealer of Patek Philippe, Offers Free Sunglasses with Purchase Cross Country Automotive Services Offers 'Green' Fuel Card Program to Improve the Environment, Help Roadside Assistan... Maui's Newest Luxury Resort Offers Fall Special at 50% Off Rates
New York Maps

New York, NY
maps.google.com



New York Times
City Room: Man Claims Role in Disappearance of Etan Patz, Police Say Political Memo: Bain Strategy Against Romney May Have Pitfalls for Obama Euro Zone Crisis Boils as Leaders Fail to Signal New Steps The Energy Rush: Shell Arctic Ocean Drilling Stands to Open New Oil Frontier Critic’s Notebook: American Idol Winner Phillip Phillips Has Reputation for Modesty In Talks With Iran, Progress Toward Deal Slows In Remote Honduras Area, Drug Raid Stirs Anger Hospitals and Insurers Join to Cut Health Care Costs Brother of Chen Guangcheng Escapes Guarded Village Media Decoder: New Orleans Times-Picayune Is Said to Face Big Cuts British Inquiry Questions Murdoch Lobbyist Pakistan Says U.S. Drone Strike Kills Suspected Militants Egyptians Vote for Second Day in Presidential Election Hazing Ritual of a Band Is Described in Documents DealBook: Questions of Fair Play Arise in Facebook's I.P.O. Process
Washington Post 
Washington Post
Japan begins grim relief mission with towns flooded, thousands reported missing Japanese nuclear plants' operator scrambles to avert meltdowns For autistic kids' parents, trial hits home Subterranean jail a sign of Gaddafi's grip Who will reach the Final Four?
USA Today 
USA Today
Man questioned in disappearance of Etan Patz Zimmerman complained about police last year Expatriates in drug violence-riddled Mexico: Stay or go? Spring in America: Ogunquit, Maine Polls: Obama leads in three key states Obama's day: California and Iowa Pakistan says U.S. drone kills 10 militants Real federal deficit dwarfs official tally Utah authorities step up search for cabin burglar Lawmakers skeptical Secret Service scandal was one-time deal
Wall Street Journal
Merger Turbulence Hits Fliers Some Big Firms Got Facebook Warning H-P Shows Age With Layoffs Chesapeake Raises Big Bet in Ohio Hospital Medical Devices to Go Wireless Chinese Tycoon Sees More Deals EU Joins Push to Find New Antibiotics Another Top Executive Exits RIM Mature Beer Markets Lose Fizz Carrefour Speeds Up Transition





CNN
Fears over role of military cloud Egypt's historic vote European leaders put off key decisions Euro drops sharply as fears take toll Bin Laden filmmakers offered access Iran, powers tight-lipped in nuclear talks Seoul: N. Korea ready for nuclear test Serbia's fury at FIFA's Kosovo stance Group slams China enforcers' 'brutality' Suu Kyi to leave Myanmar next week Seven hurt in nuclear submarine blaze
Associated Press
Gov't taking new steps to combat food stamp fraud Missouri opts for untested drug for executions 10 Things to Know for Thursday Search for Romney running mate in audition phase EU leaders support growth, give few concrete plans Picking new leader, Egyptians search for superman Private supply ship flies near space station UN: Syrian forces, opposition committing crimes How Phillip Phillips won 'American Idol' Who will win the most wide-open Indy 500 in years?
Reuters
Wavering Egyptians vote for president Suu Kyi to make first trip out of Myanmar in 24 years: party Pakistan seeks face-saving formula in NATO talks EU urges Greece to stay in euro, plans for possible exit Iran talks with world powers hit snag over sanctions Euro zone slump deepens, China falters Brother of blind China activist flees village China factory data signals weak first-half growth China's CIC eyes up to $2 billion stake in Alibaba Group: sources Obama defends foreign policy record against Republicans
ABC News
Inside the Bus During the Fatal Florida A&M Hazing Fire Reported on Nuke-Powered Sub Egypt Goes to Polls for 2nd Day Hurricane Bud Forms in the Pacific Advertisement: Stocks Waver During EU Summit Advertisement: Facebook Shares Stable; Probes Mount US Hacked Yemen Al Qaeda Sites A Different Breed of Romney Obama on GOP: I'm No Over-Spender Can Candidates Share on Education? Zimmerman Knew Cops Before Shooting Advertisement: Unabomber Updates Status in Harvard Alum Magazine Suit Gives View of Venture Capital World Calcium Supplements a Heart Risk Food Firms Cashing in on Gluten Phobia Study: Autistic Kids Diagnosed Late Airport Closes; Tag Sale Planned
CBS News
Man in custody in Etan Patz case U.N.: Torture from Syrian forces, rebels Iran rejects West's nuke proposal Clinton: U.S. hacked Qaeda websites Ghonim: Next prez will be "accountable" Traffic jam at Everest "death zone" Pakistan: U.S. drone kills 10 alleged militants Study links calcium pills to heart attacks Despite Bain attacks, Romney sees bump in polls Blind activist's family faces retaliation in China Raul Castro's daughter in U.S. blasts "Cuban Mafia" Watch: Testimony on Philly priest abuse scandal FAMU band members describe hazing ritual Watch: Man skydives without a parachute "Idol" winner crowned after record 132M votes Why Mitt Romney won't get specific Fire on nuclear sub in Maine shipyard injures 7 Ten Olympians to watch at London Summer Games
Fashion Report
No Heat Curls With Curlformers Essential Summer Hats 2012 Make-up For Pale Girls Inspired by Christina Hendricks Top Maxi Dresses Summer 2012 Easy Hair Ideas For Party Trekking and Walking Shoes For Active Girls Victoria's Secret Beach Sexy Bikini Collection ELLE’s June cover girl: Kristen Stewart Facebook founder's bride shines in Claire Pettibone wedding gown Trendy Summer Shoes
MSNBC
Polls: Obama edges Romney in 3 battleground states NJ man arrested over 1979 disappearance of Etan Patz The winner of 'American Idol' is ...According to host Ryan Seacrest, a record 132 million votes were cast to decide whether contemporary artist Phillip Phillips or timeless voice Jessica Sanchez would win. Aid workers targeted amid new Pakistan crisisNOWSHERA, Pakistan -- There has been little change to the scenes at Jalozai refugee camp in recent years. Lines of worn and weary wait to register for services, clutching the few belongings they brought with them. Female soldiers sue to lift combat ban Euro crisis turns Spanish suburbs into ghost townsJust north of Spanish capital Madrid lies Cuidad Valdeluz. Built during the country's economic boom, it was promoted as a suburban family paradise for tens of thousands of people. Video: Egyptian election makes history Pakistan official: US drone strike hits mosque; 10 die 'Stash house' raid nets 131 illegal immigrants Commercial spaceship gets orbital test