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U.S. Supreme Court Ruling in Kirtsaeng Endorses Arbitrage

Today’s United States Supreme Court Opinion in Kirtsaeng v. John Wiley & Sons, Inc. endorses arbitrage and the free market over the rights of copyright-owners to lawful, downstream sales of copyright-protected works most anywhere in the world. In a 6-3 Opinion written by Justice Kagan, the Supreme Court authorized the importation of works protected under…