Caltech, NYU economists file pro-Apple brief in e-book antitrust case, say Denise Cote doesn’t understand markets or antitrust law
“The pro-Apple amici curiae brief filed Wednesday by two economists lays out clearly — more clearly perhaps than Apple’s own trial lawyers — the economic and legal issues the company tried and failed to get across to Judge Denise Cote last June,” Philip Elmer-DeWitt reports for Fortune.
“The document submitted by CalTech’s Bradford Cornell and NYU’s Janusz Ordover fills more than 30 pages,” P.E.D. reports, “but the heart of their argument is laid out in a three-paragraph summary.”
A few snippets:
The District Court [Judge Denise Cote]’s failure to consider the economics… The District Court [Judge Denise Cote] never considered evidence and economic reasoning… The District Court [Judge Denise Cote] disregarded economic evidence and reasoning… The District Court [Judge Denise Cote] also ignored economic evidence and reasoning… The District Court [Judge Denise Cote] also erred… These errors [by Judge Denise Cote] threaten to chill competition… Our antitrust laws should encourage, not penalize, vertical contracting arrangements that facilitate entry and enhance competition.