Sometimes I get it right – I predicted the DoJ antitrust case!
April 29, 2012 | 11:35 pm
By Paul Biba
I don’t toot my own horn on TeleRead, and as a matter of fact generally don’t even make any comments, because I feel the blog should not be about me. However, I was going through some old stuff over the weekend and I found someting I had forgotten about and that made me proud. In an article I wrote about my disagreeing with Mike Shatzkin on his praise of the, then new, agency model I discussed how resale price maintenance, which is exemplified by the agency model, has been relatively recently approved by the Supreme Court, and then I went on to say that despite this:
The publishers are setting up a world without any competition – which only a healty retail market can provide – and I think it’s very sad that our legal system currently allows this. However, since all the publishers agreed to the same model, at this same time, I think, as a lawyer, that a case could be made to prosecute them for a conspiracy to restrain trade or fix prices. …
This was on June 3, 2010. I guess I haven’t lost the touch! Toot, Toot!