Will Supreme Court make hoarders of us all?
If you buy an iPod or a phone, a book or a DVD, it’s currently legal to resell it, as thousands of eBay and Craigslist posts attest.
However, as Jennifer Waters at MarketWatch reports, a little-known case “tucked into the U.S. Supreme Court’s agenda this fall could upend your ability to resell everything from your grandmother’s antique furniture to your iPhone 4.”
Under current law — on the books since 1908 — copyright holders only have control over the first sale, so while I cannot take iPhones straight off the factory line and sell them, I am able to sell a device which I first bought from a retailer.
Read more here.