Apple Deals Boosted E-Books Competition, 2nd Circ. Told
By Melissa Lipman
Law360, New York (March 7, 2014, 4:01 PM ET) -- A pair of economists told the Second Circuit on Tuesday that the district court overseeing the U.S. Department of Justice's e-books price-fixing case against Apple Inc. ignored key economic evidence in a decision that threatened to thwart the use of common, pro-competitive contract clauses.
In an amicus brief, the California Institute of Technology's Bradford Cornell and New York University's Janusz Ordover warned that U.S. District Judge Denise Cote had failed to weigh economic evidence showing that the terms of Apple's distribution agreements — which included most-favored...