Sharis Pozen, outgoing antitrust head at the Department of Justice, spoke at the Brookings Institution yesterday about her tenure at the DoJ, the department’s anti-trust priorities and the heart of the case against Apple and the “agency five,” via GalleyCat (Resigning Acting Antitrust Chief Defends eBook Lawsuit):
“At its heart, this case is about protecting competition, not competitors. And most importantly, it is about lower eBook prices for consumers. As I stated when we announced this action, our proposed remedy demonstrates that the antitrust laws are flexible and can keep pace with technology and a rapidly changing industry. Indeed, our settlements with the three publishers have a five-year term with a two-year ‘cooling off’ period, representing a desire to balance the need to ensure competition is restored in this important and evolving market, while not inhibiting its growth and innovation.”
Read more at GalleyCat.