NEW YORK: Publishers gave Amazon.com an "ultimatum" to let them set prices of e-books sold on its website after they reached deals in 2010 to sell through Apple Inc as well, a top executive at the retailer testified on Wednesday.
Amazon could have been barred from selling books for its Kindle e-reader the same day physical hardcovers were released unless the retailer agreed to their terms, said Russell Grandinetti, vice-president for Kindle content on Amazon.com.
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