Friday, 25 May 2012

Amazon

Amazon which is a global leader of e business and started in 1995 by Jeff  bozos from Seattle, Washington. He started his business from books and now its continuing to everything such as electronics, sports stuff, Jewellery, heath beauty and home essentials. Amazon is operating his sites in Canada, Italy, china, Fran Germany and so more.





Recently, they held a meeting of shareholders on 24 may, 2012. in which they had talked about By 17, February 2012 they had 451,592,229 shares of common stock outstanding. To elect the ten directors named in the Proxy Statement to serve until the next Annual Meeting of Shareholders or until their respective successors are elected and qualified.To approve the material terms of the performance goals, as amended, pursuant to Section 162(m) of the Internal Revenue Code (the “Code”) in our 1997 Stock Incentive Plan (the “1997 Plan)”

Apple strikes back at government e- book lawsuit ( 25 may 2012)
 http://www.amazon.com/



    Price Chart

A few days ago, Apple filed a response to the antitrust lawsuit filed by the Department of Justice in April against it and several book publishers.
The gist of the 31-page filing is the same as Apple’s previous comments on the case: the company denies that it conspired with book publishers to raise e-book prices in a bid to give Apple’s new iPad a boost and to thwart the low e-book pricing of Amazon. But Apple put its objections to the case in somewhat sharper terms in the new filing, accusing the government of siding with “monopoly, rather than competition,” a reference to Amazon, the leader in e-book retailing.“The government starts from the false premise that an e-books ‘market’ was characterized by ‘robust price competition’ prior to Apple’s entry,” Apple said in its filing. “This ignores a simple and incontrovertible fact: before 2010, there was no real competition, there was only Amazon.”
One noteworthy part of Apple’s response is a denial of one of the more juicy accusations in the government’s suit: namely, that in 2009 Apple “contemplated illegally dividing the digital content world with Amazon, allowing each to ‘own the category’ of its choice — audio/video to Apple and e-books to Amazon.” The government did not say in its filing exactly what evidence it had to prove that accusation.
Apple, for its part, said it never acted on or even contemplated any such plan to divide up the digital content market with Amazon.


1 comment: