The DOJ finished calling their witnesses in the antitrust trial on Wednesday morning, with the end of testimony from economist Dr. Nicholas Hill (who will be called again during rebuttal) and a video deposition from literary agent Christy Fletcher. Defense counsel Oppenheimer again challenged Hill’s models and the data input to them. Hill used the minutes of editorial meetings at 12 S&S imprints (out of 38) and 13 PRH imprints (out of about 100) to determine how often one party bids, and if they lost, how often the other was the winner. (Oppenheimer: “This was hard work for you right?” […]
