In this issue:
The Google Book Issue – The U.S. Viewpoint
The Google Books matter brings to mind the increasing importance in an information-based economy of intellectual property in this case copyright and the tension many perceive between the exclusivity of IP and the openness of competition.
Given the proper framing, the right question to ask is: Does the Google Book settlement lower consumer welfare from what it would be without a settlement?
What is the right way to frame the competition policy baseline for assessing whether a new arrangement such as Google Book Settlement is pro-competitive?
The Google Book Issue – The European Viewpoint
Amidst the flurry of activity and policy consideration playing out in relation to the Google Books Settlement in the United States, we consider the impact on European copyright law and policy and the online distribution of copyright works in Europe.
As to the fairness of the procedure, this ambitious project, creating the most complete library and bookstore in history, would be regulated not by a law indeed it would violate a number of legal principlesâ€”but by how an American litigation was settled.