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A U.S. District Judge has ordered Apple CEO Tim Cook to sit for a deposition in the antitrust lawsuit filed by the Justice Department against the company over alleged e-book price-fixing, reports Reuters.
U.S. District Judge Denise Cote in Manhattan granted the Justice Department's request to compel Cook to testify for four hours in the lawsuit, which accuses Apple of conspiring with five publishers to raise e-book prices.
The government had argued Cook likely had relevant information about Apple's entry into the e-books market. It also said Cook likely had conversations related to e-books with former Apple CEO Steve Jobs, who died in 2011.
The lawsuit was originally filed in April of 2012, and has focused on the so-called 'agency model' for pricing ebooks that Apple attempted to negotiate with a number of publishers.
The Department of Justice has settled with all of the book publishers initially accused, while Apple remains the main target of the suit.
Top Rated Comments
And perhaps while he is under oath they can as him for the release date for the new Mac Pro.
That sounds like a good use of the CEO's time.
He needs to be putting the iPhone 6 and iOS7 together, not worrying about some alleged e-book price-fixing.
Wild guess here... the plaintiff couldn't give a rat's A Tim Cook has better things to do. Clearly Judge agrees. Also it's a CEO's job to worry about every aspect of the company; that's the whole point of "chief" preceding "executive" in the title, no?
That sounds like a good use of the CEO's time.
He needs to be putting the iPhone 6 and iOS7 together, not worrying about some alleged e-book price-fixing.
Not like he's actually doing anything productive over at Apple... How much has that stock dropped? :D
Heck. THE HOBBIT, an old book, is 9.99. You can find paperback versions of this book for a couple dollars.
Hmm, I was thinking of getting the Hobbit for my Kindle so I just checked Amazon when you said it was $24.99. The kindle version is listed for $7.29 (not $24.99) and is cheaper then the paper version.also: LOTR box set (including box for all 3 books). $18.80 in paperback. Kindle price of 29.99 *BUT WAIT, BUY NOW THIS CAN BE HAD FOR A LOW LOW PRICE OF 24.99!
http://www.amazon.com/The-Hobbit-ebook/dp/B0079KT81G/ref=sr_1_1?s=digital-text&ie=UTF8&qid=1363208709&sr=1-1&keywords=the+hobbit
That sounds like a good use of the CEO's time.
He needs to be putting the iPhone 6 and iOS7 together, not worrying about some alleged e-book price-fixing.
Perhaps you might become just a bit more familiar with the duties of a corporate CEO.