Coe predicts China will top medals table in London

Sebastian Coe predicts China will outperform the United States to win the medals race at the London Olympics.

DOJ likely to lose eBook antitrust suit against Apple

The United States Department of Justice is likely to lose its antitrust lawsuit targeting Apple and book publishers, according to a report from CNET. A number of legal experts agree that the case against the Cupertino-based company isn’t as strong as the one against publishers. The DOJ “has a far better case against the publishers than Apple,” said Dominick Armentano, professor and author of Antitrust and Monopoly. “If the CEOs of the various publishers got together in hotel rooms to discuss prices, they are sunk” and might as well settle, he said. Within the 36-page complaint, the Justice Department recounts how publishers met over breakfast in a London hotel and during dinners at a Manhattan restaurant to discuss price-fixing. Apple

India launches WTO case against steel duties

GENEVA (Reuters) - India has launched a trade dispute to challenge duties on certain steel products, the World Trade Organization said on its website on Thursday. The WTO gave no details but said India had "requested consultations" with the United States - the first stage of a formal trade dispute - over U.S. countervailing duties. Countries impose countervailing duties to offset another country's subsidies suspected of giving an unfair trade advantage. (Reporting by Tom Miles)