Apple Exec Testifies at E-Books Trial - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

Apple Exec Testifies at E-Books Trial

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NEW YORK -  A senior vice president at Apple denies the company colluded with book publishers to drive up the price of electronic books.

Eddy Cue testified Thursday at a price-fixing trial in federal court in Manhattan.

The government has sued Apple and five major book publishers, claiming they harmed consumers by striking a deal intended to force Amazon to raise its $9.99 price for e-books.

Cue negotiated deals with five major publishers that allowed them to sell e-books for up to $14.99 in the iBookstore. But the senior vice president at Apple denied the deals were calculated to force Amazon to make similar agreements.

 

 

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