The 2d Cir's Apple B-Books decision: Debating the merits and the meaning
12 PM GMT
On June 30, the Second Circuit affirmed DOJ’s trial victory over Apple in the Ebooks Case. The three-judge panel fractured in an interesting way: two judges affirmed the finding that Apple's role in a "hub and spokes" conspiracy was unlawful per se; one judge also would have found a rule-of-reason violation; and the dissent -- stating Apple had a "vertical" position and was challenging the leading seller's "monopoly" -- would have found no liability at all. What is the reasoning and precedent of the decision? Is "marketplace vigilantism" (the concurring judge’s phrase) ever justified? Our panel -- which includes the former DOJ head of litigation involved in the case -- will debate the issues.
• Ken Ewing, Steptoe & Johnson LLP
• Geoff Manne, International Center for Law & Economics
• Fiona Scott Morton, Yale School of Management
• Mark Ryan, Mayer Brown LLP
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