‘Ringleader’ says Apple did not raise e-books prices

Home Forums ‘Ringleader’ says Apple did not raise e-books prices

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    Anonymous

    Technology News

    Cue, Apple's senior vice president of Internet Software and Services, arrives to testify in an antitrust trial brought against the company by the Department of Justice at Federal Court in New YorkBy Nate Raymond NEW YORK (Reuters) – An Apple Inc executive at the center of an antitrust lawsuit by the U.S. government said on Thursday the company “didn't care” what price publishers set for e-books. Eddy Cue said he was not surprised when publishers increased prices for new and best-selling titles after Apple entered the e-books market in 2010, but he disputed that Apple caused prices industry-wide to increase. “I didn't raise prices,” he testified in federal court. Apple is the sole remaining defendant in a lawsuit in which it is accused of working with five major U.S. …


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