In Apple case, ‘The line between the legal and the illegal seems so thin’

July 11th, 2013

Antitrust scholar Randal Picker:

There’s a simple story about publishers wanting to change prices and failing until the white knight appears in the form of Steve Jobs. But there’s a flip side to that. Apple would say: “we didn’t do anything here that we didn’t have an independent interest in doing, independent of whatever happened in e-book prices.