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Bookseller IP Deal on Hold

PRIVACY LAW—U.S.

September 23, 2011

A bankruptcy judge said at a hearing yesterday that he needs more time to deliberate on whether Barnes & Noble needs consent from certain longtime customers whose information was purchased from Borders Group, Inc., Reuters reports. Implemented in 2008, Borders' privacy policy states that customer information can be sold, but customers who joined before then may be subject to different obligations. Judge Martin Glenn said, "You recognize the risk that even if I approve the transaction...the Federal Trade Commission or state attorneys general may decide they're not satisfied, and they bring an enforcement action." A Barnes & Noble attorney said he was "concerned this deal might fall apart over these issues unnecessarily."      
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