Apple's Eddy Cue: Yep, we caused e-book pricing to rise
NEW YORK -- A high-level Apple executive admitted his company's deal with publishers caused some e-book prices to rise, giving weight to the government's accusation that Apple's machinations hurt consumers.
Eddy Cue, Apple's senior vice president of Internet software and services, who took the stand Thursday in district court in lower Manhattan, also said Apple considered splitting the market with Amazon in a setup where Apple would control the music market, while Amazon would monopolize books.
Cue's testimony marks a pivotal point in the trial, in which the Justice Department is attempting to prove that … Read more
