Wednesday, June 19, 2013

Apple Exec Points Finger at Publishers in E-Book Trial

Apple's Eddy Cue, SVP for Internet software and services, gave testimony on Thursday in the e-book price-fixing trial under way in the New York U.S. District Court. Cue, who was Apple's primary negotiator with most of the publishers during the run-up to the launch of iBookstore in 2010, told the court that it was not surprising that publishers began increasing pricing for e-books, especially new and best-selling titles, after Apple entered the market -- but Apple did not aggressively or deliberately push for industry prices to rise.

Source: http://www.technewsworld.com/rsstory/78282.html

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