Updated from 2:50 p.m. ET to include latest share price, and additional comments on Amazon pricing model.NEW YORK ( TheStreet) -- Apple ( AAPL) has run into more legal woes in Europe. The European Commission has launched a probe into whether Apple and five major publishing houses raised prices for e-books illegally, when the iPad and iBookstore were launched in 2010.
There was a similar lawsuit in California against Apple and the same group of publishers after Britain's Office of Fair Trading launched a similar investigation. The agency said its case was closed. HarperCollins, in an email, said it was cooperating with these investigations. Pearson said in an email that it "does not believe it has breached any laws, and will continue to fully and openly cooperate with the Commission." Apple couldn't be reached for comment on the matter. Shares of CBS rose 2.3% to $26.23 on Tuesday, while News Corp. was up almost 1%. Apple closed down 0.5% to $390.95. -- Written by Chris Ciaccia in New York
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