Google has submitted a proposal aimed at avoiding a showdown with European regulators threatening to crack down on the some of the Internet search leader’s business practices.
The Justice Department and 15 states sued Apple Inc. and major book publishers Wednesday, alleging a conspiracy to raise the price of electronic books they said cost consumers more than $100 million in the past two years by adding $2 to $5 to the price of each e-book.
The Justice Department has threatened to sue Apple and five other major publishers for allegedly colluding to raise the price of e-books.
The suit alleges that Intel Corp., based in Santa Clara, paid billions in kickbacks to computer makers so that it could dominate the microprocessor market, and that it retaliated against manufacturers who did business with competitors.
Google has confirmed that federal regulators have begun a formal antitrust investigation into the company’s business practices.
A published report said federal regulators were preparing to issue subpoenas to Google and other companies as authorities gather information for a broad antitrust probe into the Internet search leader’s business practices.
Apple Inc. CEO Steve Jobs, who is currently out on medical leave, will be deposed to testify in an antitrust suit related to its iPod music players and iTunes store.
Google wants to become the hub of online travel, promising better bargains and more convenience by melding the Internet search leader’s wizardry with the Web’s top airline-fare tracker, ITA Software.
Two San Francisco newspapers engaged in a lengthy legal battle over predatory pricing have settled their dispute outside of court.
Is Google playing by the rules in the highly competitive online search market? That’s what European regulators want to know as they launch the first ever anti-trust probe into the Mountain View company.