Barnes & Noble, with assistance from counsel David Boies at Boies, Schiller & Flexner, has filed a formal objection to the proposed settlement in the agency pricing case. In an argument reminiscent of the Department of Justice’s objections that led to the rejection of the Google Books settlement, BN argues that the settlement imposes “overreaching regulatory provisions” that “will transform the [Antitrust] Division into a regulator” and that the penalties imposed are not remedies actually “sought or mentioned” in the lawsuit itself. They argue that DOJ actually seeks to engage in the settlement in the very behavior they prosecuted for: “The Division […]
