Last Week’s E-Book Antitrust Appeal Hearing Went Well for Apple

28 Dec 2014 • fortune.com

Two of the three judges on the appeal seemed to agree with what I’ve been arguing all along: (a) the agency model — where publishers set prices and Apple takes 30 percent — is not price-fixing; and (b) Amazon, with its monopoly share (80-90 percent) of e-book sales and predatory pricing scheme, is the company the DOJ should be investigating.

Good to hear we still have smart judges behind the bench.