When the news of the Department of Justice’s antitrust suit against Apple and five of the nation’s largest book publishers became public earlier this spring, it took many by surprise. The suit accused Apple and the publishers …
Legal
LIBOR Rigging: What the Regulators Saw (but Didn’t Shut Down)
Why weren’t the first signs taken more seriously? Has there been a serious failure of regulation, or are there strong mitigating circumstances that could explain and justify the lack of resolute action?
Should Eminent Domain Be Used to Save Underwater Homes?
The one glimmer of hope in a otherwise disappointing recovery is the recent bottoming out of the housing market. While no one expects home prices to start skyrocketing again anytime soon, it appears that the steady descent they …
Scandal in Silicon Valley: Why the Ellen Pao Suit Isn’t Helping Women in Tech
It’s not exactly news that women — particularly women in tech — are often underrepresented and underfunded in business. The stats speak for themselves: Just 3% to 5% of female entrepreneurs get venture-capital funds, and …
Judge Comes Down Hard on Publishers, Apple in E-book Case
Feds Launch Criminal Probe of Walmart Over Bribery Scandal
The Justice Department is investigating Walmart, the world’s largest retailer, over allegations that its Mexican subsidiary engaged in a systematic practice of bribing government officials to obtain building permits. The feds …
How Apple’s Steve Jobs and Book Publishers Cost Consumers Millions
The U.S. Department of Justice complaint against Apple and five major publishing houses reads like a case study: a powerful, entrenched industry desperately tries to confront an economic disruption caused by the rise of a new …