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Your right to resell your own stuff is in peril
MarketWatch ^ | 04 Oct 2012 | Jennifer Waters

Posted on 10/07/2012 2:48:27 PM PDT by NonValueAdded

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Ah, it's not so cut-and-dried. From the article:
The case stems from Supap Kirtsaeng’s college experience. A native of Thailand, Kirtsaeng came to America in 1997 to study at Cornell University. When he discovered that his textbooks, produced by Wiley, were substantially cheaper to buy in Thailand than they were in Ithaca, N.Y., he rallied his Thai relatives to buy the books and ship them to him in the United States.

He then sold them on eBay, making upward of $1.2 million, according to court documents.

Wiley, which admitted that it charged less for books sold abroad than it did in the United States, sued him for copyright infringement. Kirtsaeng countered with the first-sale doctrine.

the article continues

1 posted on 10/07/2012 2:48:31 PM PDT by NonValueAdded
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To: NonValueAdded

That smacks of something that be solved by an adjustment to pricing strategy than yet another restriction on consumer rights.


2 posted on 10/07/2012 2:54:04 PM PDT by rightwingcrazy
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To: NonValueAdded

The stage is being set for the anti-crist faster than I expected....Revelation states there will be no buying or selling unless you have the mark of the beast....now the SC has such a law heading their way....


3 posted on 10/07/2012 2:54:55 PM PDT by goat granny
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To: Revolting cat!

“You didn’t make that” PING


4 posted on 10/07/2012 2:57:44 PM PDT by a fool in paradise (Obama likes to claim credit for getting Osama. Why hasn't he tried Khalid Sheikh Mohammed yet?)
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To: NonValueAdded

Interesting. I’m all in favor of intellectual property laws...up to a point. The problem is that we have now skewed it in such a way that we have actually restricted distribution.


5 posted on 10/07/2012 3:00:24 PM PDT by livius
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To: rightwingcrazy
Isn't buying low and selling at a profit the very foundation of enturpnuralship and free enterprise that built this nation? If the Supremes let this stand you can bet our lawyer class will shortly niggle this down to the individual level and destroy the concept of private property (already destroyed in real estate by property taxes).
6 posted on 10/07/2012 3:00:54 PM PDT by fella ("As it was before Noah, so shall it be again,)
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To: goat granny; lightman

I just got an uncomfortable ‘chill’ from that...


7 posted on 10/07/2012 3:00:54 PM PDT by carriage_hill (Libs, dems, unions, leftist scum & murderous muzzies - are like bacteria: attack, attack, attack!)
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To: NonValueAdded

Like overly restrictive state gun laws, this will just create a huge black market.


8 posted on 10/07/2012 3:03:48 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: NonValueAdded

“John Marshall has made his decision, now let him enforce it!” ~President Andrew Jackson


9 posted on 10/07/2012 3:06:42 PM PDT by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
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To: Brad from Tennessee
"Psst, buddy, wanna buy a college textbook?"

/johnny

10 posted on 10/07/2012 3:06:46 PM PDT by JRandomFreeper (Gone Galt)
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To: NonValueAdded

“He then sold them on eBay, making upward of $1.2 million”

Sounds like the real issue is the dividing line between personal vs business purchases. He wasn’t buying individual books for his own use and then reselling them, he was buying by the case with the intent to immediately resell for profit.

I don’t like differentiating between personal and business purchase & resale, but our system does rely on there being a difference.


11 posted on 10/07/2012 3:08:57 PM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: NonValueAdded
Only members of the big-government/big-corporate criminal complex are allowed to engage in commerce.

All other commercial activity is strictly verboten.

12 posted on 10/07/2012 3:11:38 PM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: NonValueAdded

Sounds like Wiley and Sons wants to engage in price-fixing.


13 posted on 10/07/2012 3:13:02 PM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: NonValueAdded

The lawsuit sounds like conspiracy in restraint of trade.


14 posted on 10/07/2012 3:18:14 PM PDT by omega4412
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To: NonValueAdded
he rallied his Thai relatives to buy the books and ship them to him in the United States. He then sold them on eBay, making upward of $1.2 million,

LOL. Arbitrage in the college textbook industry. I think Kirtsaeng is a future currency trader.

15 posted on 10/07/2012 3:20:38 PM PDT by kevao (Is your ocean any lower than it was four years ago?)
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To: NonValueAdded

They intend to control and track everything. This is freedom, didn’t you know?


16 posted on 10/07/2012 3:32:54 PM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: ctdonath2

Maybe too, a problem with importing goods without the proper permits or fees.


17 posted on 10/07/2012 3:34:00 PM PDT by DBrow
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To: WKUHilltopper

Here in Ga. scrap metal dealers are now asking for
photo ID. in order to buy YOUR scrap.


18 posted on 10/07/2012 3:37:54 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: NonValueAdded

“When he discovered that his textbooks, produced by Wiley, were substantially cheaper to buy in Thailand than they were in Ithaca, N.Y., he rallied his Thai relatives to buy the books and ship them to him in the United States.

He then sold them on eBay, making upward of $1.2 million, according to court documents.”

Asians may be renowned for studying hard — but, I would wager that only a tiny minority spend $1.2 million on textbooks.


19 posted on 10/07/2012 3:44:17 PM PDT by USFRIENDINVICTORIA
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To: ctdonath2
He wasn't buying individual books for his own use and then reselling them, he was buying by the case with the intent to immediately resell for profit.

For which he should have had a business license and pay taxes on his profits.

At least that is what I as a retailer must do.

20 posted on 10/07/2012 3:44:50 PM PDT by Churchillspirit (9/11/2001. NEVER FORGET.)
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