E-Books, Credit Cards, Ahold, Cordray Nomination: Compliance

Dec. 8 (Bloomberg) -- The U.S. is probing the possibility of anticompetitive practices in the e-book industry, Sharis Pozen, the acting chief of the U.S. Justice Department’s antitrust division told a House committee in Washington yesterday.

European antitrust regulators are probing whether Apple Inc.’s pricing deals with publishers restrict competition, according to a statement from the European Union on Dec. 6. They are investigating arrangements with five e-book publishers and publishers’ deals with retailers, the commission said.

The publishers are Lagardere SCA’s Hachette Livre, News Corp.’s HarperCollins, CBS Corp.’s Simon & Schuster, Pearson Plc’s Penguin and Verlagsgruppe Georg von Holtzbrinck GmbH’s Macmillan division.

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