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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

1

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

2

Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggs

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Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998

The FBI. Pan Am 103. Apple.

By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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By
Philip Elmer-DeWitt
Philip Elmer-DeWitt
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October 16, 2013, 6:06 PM ET
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Bromwich: Apple’s antitrust monitor.

FORTUNE — On Wednesday the U.S. government lawyers who prosecuted — and won — the e-book antitrust trial against Apple (AAPL) got the external antitrust compliance monitor they asked for.

What they didn’t get was the monitoring they wanted — and Apple’s lawyers feared — by an outsider with broad powers to block any agreements the company might make to sell any digital content (e-books, music, movies, television shows etc. ) that were, in the monitor’s eyes, likely to increase prices.

What they got instead was a court-appointed monitor whose purview is limited to e-books and whose main job is supervising Apple’s own antitrust compliance training program.

In the order that U.S. District Judge Denise Cote issued Wednesday, two monitors were named: One well-versed in antitrust law and the other with little antitrust experience but a long track record of supervising complex investigations.

Michael Bromwich is the attorney without an antitrust background, and he’s the one U.S. District Judge Denise Cote put in charge. Among his prior assignments: Investigating the bombing of Pan Am Flight 103, probing the FBI’s conduct in the Aldrich Ames case and, at President Obama’s request, running the newly created Bureau of Ocean Energy Management, Regulation and Enforcement in the wake of the Deepwater Horizon oil spill.


Nigro.

Bromwich will be assisted by Bernard Nigro, the chair of the antitrust department at Fried Frank. Barry’s the guy who knows the ins and outs of antitrust law.

Bromwich has the court’s permission to hire as many people as he needs to do the job.

Apple, which had the right to object to the appointments, gets to foot the bill.

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