Apple Exec Concedes E-Book Deal Raised Prices

Law360, New York (June 17, 2013, 4:47 PM EDT) -- Apple Senior Vice President Eddy Cue on Monday continued to defend e-book contracts he negotiated with top U.S. publishers, which the government claims were reached through illegal collusion, but conceded during an antitrust trial in New York that he was aware prices on some digital books would increase because of the deals.

Cue, who oversees Apple's digital content stores,said the company expected the price of some new release titles would jump because the contracts gave pricing control to the publishers. But Cue explained that Apple was...
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