'Ringleader' says Apple did not raise e-books prices

An Apple executive at the centre of an antitrust lawsuit by the U.S. government said 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.

via Business feed http://www.scmp.com/business/companies/article/1260596/ringleader-says-apple-did-not-raise-e-books-prices