Apple and "market realities"
Tuesday, December 31, 2013
Apple, it turns out, is not happy about the legal consequences of its ebook price-fixing scheme. I would be unhappy as well if the attorney assigned by a federal judge to make sure I reformed my anti-competitive practices was sending me $1,100-per-hour bills.
The monitor, Michael Bromwich, submitted to the court on Dec. 30 a detailed explanation of Apple’s treatment of him and his team since their assignment in mid-September. He quotes Kyle Andeer, Apple’s director of competition law, as complaining he is “disappointed by [Bromwich’s] position on rates and other fees. They do not reflect market realities.”
As a former trial attorney at the Federal Trade Commission, Andeer should know a thing or two about “market realities.”
But then again, it’s a distaste for those realities that got Apple a monitor in the first place.