Monday, October 15, 2007

Sober Opinion of iPhone Lawsuit

Ted Frank over at PointOfLaw.com has pejorative opinion about the iPhone lawsuit.

From the Article:
Antitrust? you might ask. Doesn't that only apply to monopolists? How can Apple have market power when they have less than 1% of the market for cell phones? The plaintiffs get around this by claiming that Apple iPhones are a market in and of themselves, and that Apple has a monopoly over the sale of iPhones.
...
The suit makes no economic or legal sense, but it's been brought in California, home of the Ninth Circuit, which has countenanced the irrational theory of leverage before in such cases as Image Technical Serv., Inc. v. Eastman Kodak Co.

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